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One Thousand Dollars an Hour

samsoff.es

61–70 of 167 posts

Re: One Thousand Dollars an Hour

#62
post #55

Earlier quoted context omitted.

Nobody pays me in waffles. :(

Waffles on demand? Waffles as a service?

If there's a growing trend for the rising demand of waffles, we'd be selling machinery to make waffles instead and ebooks and courses on how to get rich making waffles.

Re: One Thousand Dollars an Hour

#63
post #60
post #56

Earlier quoted context omitted.

With the guy I know who charges like that (although usually more like $50k-100k/mo, for about 50% fulltime), the price also includes his million dollar lab. (SEM, FIB Workstation, ...)

At these rates you're also getting access to cryptanalysis. While I don't doubt that there are security projects that work out to more than $1000/hr, top-tier security people do not as a rule bill anything like that. For what it's worth: neither do top-tier BigLaw lawyers.

Top Bay Area law partners are $800/hr, although they're really soft on how they bill (I've never actually gotten a bill from ours; probably not until Series A, and partner work is minimal compared to $200/hr associates, and board meetings are free).

I've personally never seen >$450 for security, except for people who have huge expenses bundled in doing the work, so it's not really labor. $100-200 is more normal for long engagements, $200-300 for shorter. (the most I ever billed was $350/hr x 4hrs).

The funny thing is paying high rates for someone actually good for a few days is certainly cheaper than staffing up a huge project with a bunch of $35-55/hr idiots, but there are companies who just won't pay even $250/hr for people actually doing the work, so they end up doing this.

Re: One Thousand Dollars an Hour

#66
post #3
post #2

Also worth noting on his "hire me" page ( http://hire.samsoff.es/ ): "I prefer not to sign NDAs. If this is a requirement for you, there is a $10,000 fee to sign your NDA. You will need to sign my consulting agreement. It has confidentially agreement included." He then has a very simple work-for-hire contract that includes an NDA. There's something appealing about this approach, because reading arcane contracts while…

I'm pretty sure he doesn't care if it works, he is working on his own project. He is invincible, hence the rate.

Exactly. If the lucrativeness of his side project changes I'm sure his tune will soon follow.

Re: One Thousand Dollars an Hour

#67
post #26

Holy cow. If CheddarApp justifies a $1000/hour rate, then good programmers could easily justify $100k/hour or better. Lawyers who handle multimillion dollar deals can justify $1000/hour. Security specialists can justify $1000/hour. Some guy who makes a mediocre todo list application can't.

[deleted]

Re: One Thousand Dollars an Hour

#68
post #37

I don't think the rate is unreasonable, given the value of great advice. But I could see some internal techies at a company scoffing at a consultant who is using Rails to run his personal blog: https://github.com/samsoffes/samsoff.es I'm not defending that scoffing, mind you, as playing around with frameworks is good initiative...but anyone who's been burned by a consultant/vendor who recommended a bazooka to kill a…

What's wrong with using Rails to run your blog? If your website is built on a given web framework, it is often more sensible to run the blog on that than to introduce a standalone blog engine.

Because you can use octopress and only have to serve static files. https://github.com/epochwolf/epochwolf.com
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