Earlier quoted context omitted.
It seems like everyone forgot what happen after 2000. I hope you are saving your money.
Implying someone with skills and a proactive attitude woulnd't be able to get a job or freelance? The world is moving every day towards tech based solutions. If you can find a process to automate/improve and can sell yourself, you shouldn't have a problem.
Startup employees don't earn more
131–140 of 162 posts
Re: Startup employees don't earn more
#132Earlier quoted context omitted.
> has anyone you tried to recruit walk away because you mentioned the 40hr/week expectation? Why would they? Are you imagining somebody who only wants to be part of a team that's overworked?
In the book Chaos Monkey [1], Antonio Garcia Martinez writes: I recall very little from the interviews, except a comment from one of the DabbleDB engineers. After getting through the stress questions, I asked him, "So what do you like most about Twitter?" By this point, we'd build a decent rapport, so with a nod and a wink, he said, "Well, you know, in companies like Facebook and Google, they serve you breakfast, lun…
[Dear any future employers who've bothered to de-anonymize me off Hacker News: Just kidding! I'm all about long hours and have no interests or loved ones outside of working for you!]
Re: Startup employees don't earn more
#133Re: Startup employees don't earn more
#134If there's any correlation between equity granted and value, that analysis fails. Also, the average company value needs to be weighted by number of employees. Chances are if you take that average you'll get a higher number.
Re: Startup employees don't earn more
#135I'm gonna be straight with y'all, I earn more as a post office mail carrier than I ever did as a programmer for a silicon valley startup with $1 million dollars seed funding. I also surprisingly have more freedom even though I work basically like a slave. Nobody wants to admit it but we are in a tech bubble. Sure, if you are in the right startup things might be different. I had a great valley experience - but it was…
I think the video is especially valuable to young people getting started in SV, those older and/or with experience may still find it interesting but gain usable insights.
"Inside the Tech Start-up Bubble | Dan Lyons | RSA Replay"
Re: Startup employees don't earn more
#136I'm gonna be straight with y'all, I earn more as a post office mail carrier than I ever did as a programmer for a silicon valley startup with $1 million dollars seed funding. I also surprisingly have more freedom even though I work basically like a slave. Nobody wants to admit it but we are in a tech bubble. Sure, if you are in the right startup things might be different. I had a great valley experience - but it was…
Re: Startup employees don't earn more
#137Earlier quoted context omitted.
Well, it depends on what you're trying to achieve. There are legitimate reasons to try to achieve the highest possible pay per year, no matter how many hours in the year you have to work in order to get it. In the case of 80000 hours, the goal is to donate as much money to charity as possible, and, if I may put it somewhat crudely, they would prefer you work as much as possible, only stopping work in order to eat and…
Completely disagree. Even if you're maximizing for donations, any reasonable analysis would still have to privilege your own well-being as a giver. Lowering your burnout/regression rate from 25% to 5% by giving yourself a higher quality of life seems like one of the best investments you can make. You don't need to expend wads of cash. But you don't need to be destitute as a software engineer to give effectively.
Re: Startup employees don't earn more
#138I'm gonna be straight with y'all, I earn more as a post office mail carrier than I ever did as a programmer for a silicon valley startup with $1 million dollars seed funding. I also surprisingly have more freedom even though I work basically like a slave. Nobody wants to admit it but we are in a tech bubble. Sure, if you are in the right startup things might be different. I had a great valley experience - but it was…
Is there any chance of a systemic failure that would affect the entire economy caused by Silicon Valley? I am not talking about some shares losing value but with the Credit Crunch, we had thousands of average Joes in above their head in debt which couldn't be refinanced while the value of their home crashed.
Re: Startup employees don't earn more
#139As others have posted, people don't go to small startups to earn more on average. They're not looking at the average or median, they're looking at the 99%ile numbers, because they think the startup they picked has an angle or advantage, giving it a shot at a 99%ile exit. 80000hours' audience is clever enough to understand cumulative distribution functions or even just correlated sets of [25%ile, median, 75%ile, 90%il…
I've always thought that historically engineers cared more about working on things they had more emotional investment in rather than working on things they had no passion for that makes money as an established business like ad tech or dog dating social networks.
Re: Startup employees don't earn more
#140Earlier quoted context omitted.
Demand for good developers is extremely high in the US. Which is why salaries are so high.
How can one tell if they are a good developer or not? It's about one-for-one that whenever I read a statement that demand is high I recall a story (even some posted on HN) of someone struggling to find work and vice-versa. Is the demand at a historical high or presently higher than other industries, but still cannot keep up with the supply? Or are only a fraction of those job seekers good?