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A comment on Immigration to increase the supply of programmers. Parent comment

Re:Immigration to increase the supply of programmers by mgkimsal on Friday January 02, 2015 @01:25PM (#8827840)
> It seems highly improbable that cash-based Wall Street compensation packages could be offered by Silicon Valley startups.

Maybe this would force VC companies to be more selective in who they fund, vs "fund 100 and hope for 1 to be the next google".

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Re:Immigration to increase the supply of programmers by hawkice on Friday January 02, 2015 @01:49PM (#8827931)
A first approximation would suggest doubling programming salaries would only change their strategies from "fund 100 and hope for 1 to be good" to "fund 50 and hope for 1 to be good". More selective, sure, but not game-changingly so.
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Re:Immigration to increase the supply of programmers by ahomescu1 on Friday January 02, 2015 @02:52PM (#8828190)
Not sure that would be an improvement. If funding gets tighter and more selective, their selection criteria might become pedigree and connections instead of who has the better idea and team.
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Re:Immigration to increase the supply of programmers by tsax on Monday January 05, 2015 @02:47PM (#8840680)
The very reason they fund 100 and hope for 1 is that all the analysis and data in the world have not helped narrow likely success criteria beyond 'fund the team.' What's stopping you from starting a VC fund that's REALLY CAREFUL with investments?
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