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MyPinPad needs 100 software engineers in Cardiff to roll out a new product Roll it out, or actually get it written? What kind of product needs 100 additional engineers to launch?
Edit: also assuming no revenue, so I don't know. Is that normal startup math?
Double edit: Crunchbase revenue estimate is $20.9M.
MyPinPad needs 100 software engineers in Cardiff to roll out a new product Roll it out, or actually get it written? What kind of product needs 100 additional engineers to launch?
In the article they say they are offering London salaries. Fine. But Cardiff is not the same as London ! London is huge comapred to Cardiff. Cardiff has about 500,000 people in its urban area compared to 10,000,000 in London, and Cardiff is about 30 square miles compared to almost 700 square miles for London [1]. As such London just has a lot more going on - theatre, museums, nightlife, restaurants, sports, shopping,…
MyPinPad needs 100 software engineers in Cardiff to roll out a new product Roll it out, or actually get it written? What kind of product needs 100 additional engineers to launch?
They just raised £15 million in series B, enough to pay those 100 engineers £100k each for... 1.5 years, assuming zero overhead and no other expenses? Edit: also assuming no revenue, so I don't know. Is that normal startup math? Double edit: Crunchbase revenue estimate is $20.9M.
Earlier quoted context omitted.
They just raised £15 million in series B, enough to pay those 100 engineers £100k each for... 1.5 years, assuming zero overhead and no other expenses? Edit: also assuming no revenue, so I don't know. Is that normal startup math? Double edit: Crunchbase revenue estimate is $20.9M.
Also assuming zero additional revenue.
MyPinPad's careers page [1] lists four positions (Android developer, iOS developer, senior devops engineer, and services developer) with the same "salary up to £60,000 per annum, depending on experience" for each position. The higher salary makes for a good news article (and a good advertisement for their recruiting team), but I wonder if they could increase their application rate by showing the same salary as the one they advertised in the article.
This reads like an advertorial. Does the BBC have some interest in getting tech workers to Wales?
In the article they say they are offering London salaries. Fine. But Cardiff is not the same as London ! London is huge comapred to Cardiff. Cardiff has about 500,000 people in its urban area compared to 10,000,000 in London, and Cardiff is about 30 square miles compared to almost 700 square miles for London [1]. As such London just has a lot more going on - theatre, museums, nightlife, restaurants, sports, shopping,…
Me. But then I'd much prefer to have lots of open space around and orders of magnitude fewer people.
In the article they say they are offering London salaries. Fine. But Cardiff is not the same as London ! London is huge comapred to Cardiff. Cardiff has about 500,000 people in its urban area compared to 10,000,000 in London, and Cardiff is about 30 square miles compared to almost 700 square miles for London [1]. As such London just has a lot more going on - theatre, museums, nightlife, restaurants, sports, shopping,…
Everyone's rushing there for the same reason, with all the cultural things that's suppose to be going on in the big city, only to find that the high CoL make life actually quite a bit more difficult to enjoy.
It gentrifies the area quickly, the commute is either long (in the case of the bay area) or being one of the sardine in the Tube.
The disposable income ends up being lower, so there's less money to actually enjoy the things that actually attracted people to the cities.