431–440 of 455 posts
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Yes there's a limit, but with contracting rates reaching 2500 GBP per day (a real life example) I'm fine with that limit.
That’s a very good contract- I’m curious as to what that’s for?
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Mozilla is an "SV company", sort of, and open to remote workers.
From their careers site: "Mozilla is a global organization, and this role is available in our offices in the European Union, U.S., Canada, or home-based in the U.S., Canada, and European countries where Mozilla has a legal entity. You must have work authorization in one of these countries." This is not remote work.
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It sounds like you're complaining, but if it is really so easy, just become a founder. In a way, it is impossible for there to be an unfair distribution of wealth between people who do A and people who do B if everyone has the choice whether to do A or B.
>it is really so easy, just become a founder. you've missed the important point. It isn't for everybody. I specifically mentioned that it is already successful people with a lot of good connections. Thus such a startup is just the next step in the career progression. For a plain engineer, like me for example, who can't make even a CTO/VP of engineering of a small company or a Director/division Chief Architect/etc. at…
Starting a business isn't for everybody because it's a lot of stressful work. You have to wake up early and stay up late laying the foundation while your friends or spouse or kids or work are vying for your attention. You have to scrape together your savings or max out a couple credit cards to actually launch your product. Once you start hiring you are responsible for putting food on other people's tables. And even once you start making money, you have no idea what you're doing pretty much every step of the way.
If you actually do want to start a business, just fucking sit down and do it. There are a ton of profitable, bootstraped SaaS companies out there. Build a product, pay for the first couple months of hosting out of pocket, bill yearly, profit. (Notice "get funded" isn't a required step.) Complaining that VCs probably won't love you is just an excuse to take the path of least resistance and stay mediocre.
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Practically, with the low interest rates, cash isn't worth a whole lot to an average Fortune 500. You can already see how Apple is getting heat for having so much cash on hand, only reason there isn't more is that people are hoping for a tax repatriation holiday. With most large companies being a) well capitalized already and b) able to borrow large amounts cheaply, you have to make a really hard case that holding on…
> Funneling all profits back to the shareholders is only a duty when there isn't much else to do with the cash, which is mostly what's happening. Funnelling all profits back to shareholders is never a duty.
Profit is a financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs and taxes needed to sustain the activity. Any profit that is gained goes to the business's owners, who may or may not decide to spend it on the business.
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It doesn't come out in the wash. It's much easier to max out the 401k when your salary is higher, and with the exception of housing specifically the cost of other things is on par with anywhere else I've lived (in the midwest). The commute (by train) is in fact less expensive than gas and maintenance on a car in many cases. If you double your housing cost, even moving from a mortgage to renting because you cannot aff…
Agree. Engineers outside the Valley often list the cost of living as a negative, but coupled with the insane amount of salary leverage (in part because of the COL), I never got financially ahead until I moved to the Bay Area. You're a King in SV as a software engineer.
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do you have to commute an hour a day? I'm not from silicon valley but priorities vary a lot from person to person. I value shortest possible commute time much higher than an extra ~2500 square feet I don't need.
I hope you're not implying that the typical commute for someone in the city is less [edit] than 25 minutes. http://kron4.com/2017/10/30/study-san-francisco-ranks-among-...
Question about triplebyte: What if you’ve only been learning for a few months and want to know where you stand on the learning curve? If you take the test and flop how long do you have to wait before taking at Again?
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Your first-principles argument is logically correct, but totally ignores the actual costs of living and salary in the given areas. The grandparent point stands just fine.
The first principles argument is consonant with my actual experience in the Midwest and SV. I have vastly more money left over after living expenses in SV.
Those figures do not justify giving up a job in a cheap cost of living area. These numbers are about 60% more than corporate salaries where I live, but the cost of living in SV is roughly 3-10x greater.
These numbers don't include substantial compensation elements such as bonus and equity. Having said that I think you're right. Also, IMO one should not compare the median engineer in SV to the median engineer elsewhere. A median SV engineer moving to LCOL should be able to do a lot better than median LCOL comp.
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Unfortunately the CS trivia is necessary. In a previous job I interviewed people who snuck past the phone screen and would have wasted a ton of interviewer time if some CS-101 questions hadn't exposed near total ignorance of the highlights on their resume. My favorite was the guy who applied for a job as an air traffic routing researcher and after 20 minutes of computational geometry questions said, "Wow, tough, do y…
> Unfortunately the CS trivia is necessary. No, it isn't. If you interview at NASA, the CS questions being asked better damn well not be trivia.