What It Costs to Run Let's Encrypt
61–70 of 394 posts
Re: What It Costs to Run Let's Encrypt
#62To everyone complaining about the $250K (see edit, it's actually 200K) per person in salary (which seems to be everyone at the moment), a few things to keep in mind: 1) That includes benefits 2) They are in Silicon Valley and have to compete with everyone else in Silicon Valley 3) Given what they have accomplished with such a small team, these are probably high caliber people. 4) In SV there is a good 25% premium you…
Re: What It Costs to Run Let's Encrypt
#63To everyone complaining about the $250K (see edit, it's actually 200K) per person in salary (which seems to be everyone at the moment), a few things to keep in mind: 1) That includes benefits 2) They are in Silicon Valley and have to compete with everyone else in Silicon Valley 3) Given what they have accomplished with such a small team, these are probably high caliber people. 4) In SV there is a good 25% premium you…
> I can say that I'd consider myself lucky to get such a team for such a great price I am concerned that they might be being underpaid for doing the type of work that they are. Let's Encrypt is not only a great service, but an important one too. I assume they have a good stock plan to make up.
Re: What It Costs to Run Let's Encrypt
#64Funny to see people quibble over a few hundred thousand dollars when they're doing a substantial amount of the heavy lifting to encrypt the web. At over 10 million certificates issued in the past year, their staffing costs represent $0.20/cert. For those who've deployed with Let's Encrypt, did you get a quarter's worth of value from their service?
The certificate price isn't even the issue. It's the signup + auto-renew!
Before LE came out, I would have paid $100 to not have to 1) Not go through the hassle of manually ordering certs and 2) Not having to log back into servers to periodically update them.
I get both of those with LE ... the fact that it's free? That's just icing on a very delicious cake!
Re: What It Costs to Run Let's Encrypt
#65To everyone complaining about the $250K (see edit, it's actually 200K) per person in salary (which seems to be everyone at the moment), a few things to keep in mind: 1) That includes benefits 2) They are in Silicon Valley and have to compete with everyone else in Silicon Valley 3) Given what they have accomplished with such a small team, these are probably high caliber people. 4) In SV there is a good 25% premium you…
Re: What It Costs to Run Let's Encrypt
#66They are not paying $250k per employee. You have to factor in payroll taxes, paying accountants to keep books and CPAs to do taxes, benefits, and a multitude of other regulation-imposed payroll costs. All of this is to support salaries of around $125k - $150k. The same goes for pretty much any employer. If a fast food restaurant hires someone at $8/hr, it actually costs them around $16/hr to hire the employee. In a f…
But I assume payroll tax is by far the biggest amount.
Re: What It Costs to Run Let's Encrypt
#67To everyone complaining about the $250K (see edit, it's actually 200K) per person in salary (which seems to be everyone at the moment), a few things to keep in mind: 1) That includes benefits 2) They are in Silicon Valley and have to compete with everyone else in Silicon Valley 3) Given what they have accomplished with such a small team, these are probably high caliber people. 4) In SV there is a good 25% premium you…
I'm in Silicon Valley and I would love a $250k salary. But I also didn't graduate college and incur the immigrant tax. ¯\_(ツ)_/¯ What I'm saying is, not everyone gets $250k and the MEDIAN HOUSEHOLD INCOME in San Francisco is $90k. If you're not making that much, don't sweat it, you're likely way above median either way. Edit: to clarify further. As an Engineer with a reasonably-employed girlfriend, I still get to liv…
Re: What It Costs to Run Let's Encrypt
#68I'm quite surprised - $2.06 on staffing seemed steep, so obviously read on as I was thinking that there must be a lot of employees. But 8? OK, I'm just a teacher, and I earn around £30k a year... not the kind of figures I've seen bandied about on here for graduate programmers who seem to be pulling in 8-10 times that for their first job... So I'd be interested to see a breakdown of the payroll (which I doubt would ha…
Re: What It Costs to Run Let's Encrypt
#69I'm quite surprised - $2.06 on staffing seemed steep, so obviously read on as I was thinking that there must be a lot of employees. But 8? OK, I'm just a teacher, and I earn around £30k a year... not the kind of figures I've seen bandied about on here for graduate programmers who seem to be pulling in 8-10 times that for their first job... So I'd be interested to see a breakdown of the payroll (which I doubt would ha…
people who seriously know how to code mission critical X.590 root CA PKI infrastructure are not cheap when you're looking at total benefits/compensation per head.
And they also aren't working at letsencrypt.
Re: What It Costs to Run Let's Encrypt
#70I'm quite surprised - $2.06 on staffing seemed steep, so obviously read on as I was thinking that there must be a lot of employees. But 8? OK, I'm just a teacher, and I earn around £30k a year... not the kind of figures I've seen bandied about on here for graduate programmers who seem to be pulling in 8-10 times that for their first job... So I'd be interested to see a breakdown of the payroll (which I doubt would ha…