> are you arguing the Wikipedia should hire cheaper developers because they are a non-profit?
> You are disparaging a CEO for making 350k/year for one of the highest trafficked sites in the world
The root of the question is: what determines compensation at companies? FAANG and SV startups are able to offer huge salaries not because they are "the highest trafficked sites in the world". It's because they rake in billions of dollars in revenue, by monetizing their users, and/or because they are VC-funded. If that wasn't the case, their employees' -- and certainly their executives' -- salaries would not be this high.
When your company makes billions of dollars a year, and you can make the case to your board that you can increase or maintain that number, that's when your salary becomes high -- when the tradeoff to shareholder value between paying you a lot of money and the company making a lot of money tips your way. You don't just automatically get a high salary for running (or working in) a large company, if that company does not make this much money.
The WMF is a nonprofit. It does not make any money aside from donations. When running its donation campaigns, it does so from the perspective of keeping internet knowledge alive, rather than saying "we think it's important to keep ourselves in the top 10% worldwide salary bracket". It's absoluetly fair to say that they need to raise a certain amount of money in order to keep the foundation going, and in order to maintain and develop it. But saying that it's "insane" to argue that a nonprofit should not be able to compete against a multi-billion dollar organization salary-wise is... strange?
Most of the world's companies, startups or otherwise, in fact can't afford SV salaries, and so they look elsewhere -- there are many, many great developers, executives, and other folks around the world (and in the US, outside of SV) who work for less than FAANG salaries. This doesn't meant they aren't well-compensated, it just means that maybe they don't live in SV, and that yes, it's possible that FAANG will poach some of them. That's just something you have to live with when you don't make infinite amounts of money, like 99% of the world's companies.
> For perspective, Zuckerberg's net worth places him at an effective salary of 3B/year ...
For perspective, Facebook's revenue was about $85B last year. Using the world's fifth-richest person, who heads a fortune 150 company that is the F in the only five-lettered FAANG acronym that's frequently used as the barometer for high salaries, "for perspective", is also strange. The only perspective that Zuckerberg's salary offers is "what does the top 0.1% of the top 0.1% make?"
> it's your kind of attitude (why should a burger flipper get paid $15/hr) that is actually suppressing wages in this country
It's disingenuous at best to connect a nonprofit's executive staff making large salaries with raising the minimum wage. In fact, that's precisely the discrepancy that is making folks talk about the salaries at WMF: the foundation is soliciting donations from the folks making $15/h in order to pay its CEO $300k+ a year.