181–190 of 510 posts
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It's really incredible how much the hatred for 'socialism' goes in certain circles.
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I see the time spent making that 300k at a fang as 40-60 hour a week opportunity cost on better work with the caveat that if you are doing work you consider personally interesting then good for you. I think ultimately we have very different priorities from each other though and view money differently as well.
Well that's fair, though a different discussion. I would argue you could probably find a project at Google that promotes your values, who knows though. In any case, my numbers hold up for bay area startup salaries as well - if they didn't, I wouldn't live here lol.
And the numbers don't really work out for founders for the first couple years in terms of any salary so I think again we view money differently. I'm not really disputing that your numbers work for being an employee but they don't really hold out for people working to start their own thing, at least in the short term. As I'm sure the OP is aware there's intangible benefits that don't take the form of a retirement account associated with running your own thing.
Edit: I'll also say we may be at a point where we're starting to talk passed each other, your math checks out for sure I just don't value the benefits associated as much.
> Here’s how Sponsorware works: > Create a cool piece of software > Make it exclusive to people who sponsor you until you reach a certain number of sponsors > Then open source the project to the world This is how ICOs worked, for the teams that actually delivered anything. Without any other monetization path they resorted to taking presales of tokens shoehorned in convulated ways into products that didn't need them,…
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these are such a bizarre responses. Did you read the following sentence you're quoting?
Your first sentence and its tone were unnecessary and pretty much rendered the rest of the comment pointless. Why even include the comparison?
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$100K before taxes is decent salary in London. It's not a lot a lot but that's what a senior developer would make in most companies (excluding financial sector+ some extremely funded shops). Would you stop worrying about money? No,of course not.But you could afford to live in decent area,drive normal car,have some nice holidays in pretty places + put some aside for rainy day.Of course,this is London,so no matter what…
Does this include having a family?
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If you set the entity up correctly and work with a decent accountant, your $112k turns into more like $40k taxable, and if you are married, that $40k drops to $20k @ 10% + $20k @ 12% or ~ $4500 in taxes.
What in the world....mind sharing tips or any links where I can learn more about this?
Reading these makes me sad about the law in my country, Finland. The lowest tier of OP ($7 for no reward) would be illegal here. We have a law called "Money Collection act", which states that to gather donations (i.e. payments with nothing in return), you have to get a permit. This permit costs money, is not given to individuals, and is given only for non-profit activities. So this means that if you see a donation/sp…
> Even though people have been interested in donating, I can't do that legally. What you can do is to "sell" something in lieu of donations: E.g. - To support me please buy this wallpaper image file of my project logo. Or one-day email support etc. You can always add a note that Finland laws prevent you from accepting donation, and this is the only way you can accept money from patrons, and even provide a link to the…
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You can create that and I think in 99% percent of cases you can also collect github donations without problems in Finland. If it were to go in court I think it could be easily explained as non-donation because there is work performed. Also OPs explanation is not so straightforward, the money collection act is being contested all the time and many succeed in collecting money here.
Can you link sources to contesting it? I'm interested in learning what kind of things are approved.
Finnish peoples problem isnt the laws, but the fact that they are total pussies when it comes intrepreting the law.
This reminds me of Steve Martin's, "You Can Be a Millionaire ... and Never Pay Taxes":
“You say, ‘Steve, how can I be a millionaire and never pay taxes?’”
“OK first,” he explains, “get a million dollars.”