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Paying top employees the highest salaries in the market

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Re: Paying top employees the highest salaries in the market

#43

Earlier quoted context omitted.

I agree but you are not remotely considering taxes.

At $3M a year, taxes are probably the least of your earthly worries. And also, you probably make enough to get a good tax accountant.

At $3M a year taxes become a more significant worry.

Re: Paying top employees the highest salaries in the market

#46
These revenue numbers strike me as a bit odd, even for US market with it’s relatively high CPMs:

$2.5 billion / 365 days / 120 mil daily users * 20 ad impressions (assumption on my part) * 1000 impressions (to account for CPM pricing) = $2.85 CPM

That’s not bad avg. CPM even for US/EU market assuming mostly display/native display ad units and the relatively lower value of mobile dominant audiences. However, average of 20 ad impressions per user is fairly high.

If they somehow have a lot of video ads, it changes the calculations somewhat, but still seems oddly high. Does anyone have any insight into how believable that $2.5 billion number is?

Re: Paying top employees the highest salaries in the market

#47

Top talent... selling advertising... for a news aggregator. Sigh.

Nobody will ever be happy. If someone says hey I can't pay top of market but we're doing something groundbreaking, they are talked about like they are a bunch of scammers. If someone is paying top salary but doing something mundane, it's "sigh."

i think you mean, there will always be at least one person who is unhappy.

Re: Paying top employees the highest salaries in the market

#48

These revenue numbers strike me as a bit odd, even for US market with it’s relatively high CPMs: $2.5 billion / 365 days / 120 mil daily users * 20 ad impressions (assumption on my part) * 1000 impressions (to account for CPM pricing) = $2.85 CPM That’s not bad avg. CPM even for US/EU market assuming mostly display/native display ad units and the relatively lower value of mobile dominant audiences. However, average o…

The way the app works is that as you scroll you see more ads interspersed between headlines/topics. You click on one and you can comment and then go back to scrolling. Or maybe you're done with that topic group and you switch to another. More scrolling.

20 sounds fine to me.

If it helps, think of the way people sit on hacker news or reddit waiting for the next story to come out, navigating down to comment, and then back to the next story. There are a lot of people who only do 1-2 impressions and a lot of people to do 100.

And if you're still unconvinced: 10 ads only double your CPM estimate; A popular four-lettered sports site charges between $1-3 CPM for "un-targeted" display advertising, and $3-5 CPM for demo/interest targeted.

Re: Paying top employees the highest salaries in the market

#49
post #33

Toutiao is more than just a news aggregation app, it's a huge interest mining and data recommendation system. Moreover, the company expands its services to mobile video sharing platform and many other fields so as to collect more dimensional data of users. --- In my opinion, ByteDance is a data/intelligence company and Toutiao is just a great app to adopt the technology and grow fast. So, we look forward to seeing an…

Truth is what majority people like are just BuzzFeed taste stuff. And that is exactly what Toutiao is producing and excelling at distributing.

As one popular belief stated in machine learning, garbage in garbage out. They might use some really sophisticated model, but that is just another way of doing spamming a little better.

Re: Paying top employees the highest salaries in the market

#50

Top talent... selling advertising... for a news aggregator. Sigh.

news aggregation, and the selective targeting of individuals for advertising might just be the most powerful social influence today. Wins elections even...

Yes and that's what's so depressing about it.

As engineers, wouldn't it be cool if the most valuable thing we could do was building tools that are inherently valuable instead of valuable because of the tool's ability to connect users with someone who wants to buy their attention?

You know, build some software that doesn't make you feel like a pimp.

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