> we settled on $11,000 per month as a baseline salary for working full-time on open source. > For now, Nicolò, Henry, and Jùnliàng will all be paid a temporary rate of $6,000 per month. This doesn't solve the problem, I used to donate to Babel, before they made it apparent they are just interested in funneling the money to one developer. 11K per month?! That is absolutely bananas and same reaction I had the last tim…
On the flip side, Silicon Valley isn't the only expensive place and 132k was well below my full time salary in New York as a senior eng before I jumped into my own work. Actually I don't think I know any full time engineers right now in my personal network making lower than 150k and they're all very talented people who wouldn't be able to hop on something like this for various reasons related to that being too low. M…
Giving the benefit of the doubt and saying that any engineer here will be half the value of one from SV (which, I don't agree with at all), I'd argue that you'd still be better off paying two senior engineers at the particular level I am familiar with to build your product.
> My point is without high pay a whole class of very good engineers is unavailable to you.
I think depending on the model, the same argument can be made for FAANG and / or other VC money fueled companies. There are some talented, principled engineers that refuse to work for non-fundamented businesses, and perhaps only aiming for the 150k+ people will render a whole class of very good engineers unavailable to you.