Silicon Valley newcomers are still dreaming big
1–10 of 35 posts
Re: Silicon Valley newcomers are still dreaming big
#2changing the world instead of hitting the jackpot? Sounds like what business majors are pretending too nowadays...
Re: Silicon Valley newcomers are still dreaming big
#3Sorry to be cynical here but I see that the myriad of new Tech companies do all pretty much the same thing and users don't stick to their product. However at the end of the day these companies do not survive and I don't even know if workers see that fact. For Business Investors it's a typical situation where it's "Make a lot of cash, fast, SELL". They all know that the company is not going to survive past the buzz, but they don't care because in the meantime they can make money out of it.
People if you want to dream, do a product that is really useful, forget the "social", "new consumption" keywords that we hear everywhere and build a product that will last.
Also 70k in Silicon Valley is not great. Living there is very expensive. I know they have stocks but look at the fine prints to resell them! Remember that a salary is relative to an area.
But anyway keep on dreaming, it is not forbidden.
Re: Silicon Valley newcomers are still dreaming big
#4[deleted]
Re: Silicon Valley newcomers are still dreaming big
#5"Bansi Shah, 23, picked up her undergraduate diploma, then took a job at Lattice Engines, a small San Mateo startup, where she makes “near the top” of the company’s $80,000 to $130,000 range for an entry level product manager, plus equity"
Is this the norm in silicon valley, entry level positions making close to 130k plus equity? If this is the exception great!, but where does someone go from there? If right out of school your making 130k, does that mean your going to make 200k after 6 years?
Re: Silicon Valley newcomers are still dreaming big
#6This time it's different..
Re: Silicon Valley newcomers are still dreaming big
#7"Bansi Shah, 23, picked up her undergraduate diploma, then took a job at Lattice Engines, a small San Mateo startup, where she makes “near the top” of the company’s $80,000 to $130,000 range for an entry level product manager, plus equity" Is this the norm in silicon valley, entry level positions making close to 130k plus equity? If this is the exception great!, but where does someone go from there? If right out of s…
Pretty sure that's the exception. She actually has a Masters degree as well, so I think that line is pretty misleading. $130k is still high for an entry level product manager though I think.
Re: Silicon Valley newcomers are still dreaming big
#8Sorry to be cynical here but I see that the myriad of new Tech companies do all pretty much the same thing and users don't stick to their product. However at the end of the day these companies do not survive and I don't even know if workers see that fact. For Business Investors it's a typical situation where it's "Make a lot of cash, fast, SELL". They all know that the company is not going to survive past the buzz, b…
>Also 70k in Silicon Valley is not great. Living there is very expensive.
Wow, I had no idea. Here in Canada, 70K in Canada is definitely above average for entry or junior level developers. I think high 50k to low 60k is around the average here for developers right out of college.
How much is the average salary for established developers and entry-level developers around the Valley and the Bay area?
Re: Silicon Valley newcomers are still dreaming big
#9"Bansi Shah, 23, picked up her undergraduate diploma, then took a job at Lattice Engines, a small San Mateo startup, where she makes “near the top” of the company’s $80,000 to $130,000 range for an entry level product manager, plus equity" Is this the norm in silicon valley, entry level positions making close to 130k plus equity? If this is the exception great!, but where does someone go from there? If right out of s…
[deleted]
Re: Silicon Valley newcomers are still dreaming big
#10Sorry to be cynical here but I see that the myriad of new Tech companies do all pretty much the same thing and users don't stick to their product. However at the end of the day these companies do not survive and I don't even know if workers see that fact. For Business Investors it's a typical situation where it's "Make a lot of cash, fast, SELL". They all know that the company is not going to survive past the buzz, b…
>Also 70k in Silicon Valley is not great. Living there is very expensive. Wow, I had no idea. Here in Canada, 70K in Canada is definitely above average for entry or junior level developers. I think high 50k to low 60k is around the average here for developers right out of college. How much is the average salary for established developers and entry-level developers around the Valley and the Bay area?
$85-100k seems to be about entry level for software engineers with a BS in CS from a good school at established companies in this area. My impression is that the Google/Facebook talent war has significantly increased this over the past few years.