231–240 of 394 posts
They need to spend less or they're the next Tor foundation, an ineffective black hole of hacker wannabes and hanger-ons. Running high performance services don't cost very much as evidenced by their hosting entry. Maybe 5 engineers max. No way they are working on features every day. Should be very slow outside of patches. CA/SSL specification does not change weekly...
The draft ACME specification does though.
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I think $200K/person is fine, but I do quibble with this: > They are in Silicon Valley and have to compete with everyone else in Silicon Valley Why? Why compete for talent in Silicon Valley when there are people all over the country who'd love to work on something like this? I can get why they might prefer not to do remote teams (it's a challenge), but there are cities like Seattle, Boston, Denver, Dallas, Kansas Cit…
You people are hilarious. Hey, YC, I've got a great idea for a startup in the incredibly hot cert/encryption space. The team is world class and in place. The product is shipping and customers are doubling every 6 months. $8 million at $40 million please. Y'all idolize the bloodsuckers in Teslas that run this site, and give Josh and team grief. Jeez.
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"Payroll tax" (more appropriately known as the employer-side of the FICA tax) is only 7%, it's really not what I would qualify as "a bitch". My wages are 80% of my total compensation (my employer provides a nice breakdown of insurance costs, 401(k) match, etc), factor in 7% of my wages going to FICA and their total cost to employ me with my total compensation package is ~125% of my annual salary. I also make a fairly…
Not in CA. http://www.adp.com/-/media/Compliance/2016%20Fast%20Wage%20a...
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I think $200K/person is fine, but I do quibble with this: > They are in Silicon Valley and have to compete with everyone else in Silicon Valley Why? Why compete for talent in Silicon Valley when there are people all over the country who'd love to work on something like this? I can get why they might prefer not to do remote teams (it's a challenge), but there are cities like Seattle, Boston, Denver, Dallas, Kansas Cit…
You people are hilarious. Hey, YC, I've got a great idea for a startup in the incredibly hot cert/encryption space. The team is world class and in place. The product is shipping and customers are doubling every 6 months. $8 million at $40 million please. Y'all idolize the bloodsuckers in Teslas that run this site, and give Josh and team grief. Jeez.
They 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…
They have a donation page here: https://letsencrypt.org/donate/
Let's keep it going.
All the complaints about salaries are dismaying. Why not consider that plenty of other places seriously undercompensate engineers instead of trying to cut this organization's pay structure down?
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I'd rather avoid PayPal, and I like Patreon as a central clearinghouse for monthly donations.
On the flipside, Patreon takes a 5% cut on top of whatever fees there are for the payment method you use, so there's less of your dollar reaching the intended recipient.
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As covered elsewhere, most of the team is remote. But they still get SV salaries because great people get those salaries no matter where they are.
It doesn't work that way for all the remote jobs and contracts I've worked.
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I think $200K/person is fine, but I do quibble with this: > They are in Silicon Valley and have to compete with everyone else in Silicon Valley Why? Why compete for talent in Silicon Valley when there are people all over the country who'd love to work on something like this? I can get why they might prefer not to do remote teams (it's a challenge), but there are cities like Seattle, Boston, Denver, Dallas, Kansas Cit…
Also there are other countries than the US