rargulati
Joined 15 years ago
Joined 15 years ago
Should a founder mentality be expected amongst early employees at a certain equity level? Why wouldn't someone want to hire someone who had that mindset, and then appropriately compensate someone for that?
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"Cost of Living" adjustments are a red herring, what they really are is really "competition density". There are plenty of tech companies paying great salaries in the bay because they have to, otherwise they would just go work for someone else. On the other hand, if you lived in Oklahoma you aren't going to say no to $LOCAL_OFFER+10k just because bay area salaries are $LOCAL_OFFER+90k.
As long as this disparity exists, I forsee bay area salaries and CoL still being high. Until companies move headquarters out of the bay, the trend will continue.
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Similarly, in this thread, Consultant32452 states [2] that the real argument is between those who can demand a high salary regardless of geography, and those who can only demand a high salary _because_ of geography.
The mistake is many people in the latter group think they are in the former.
[1] https://news.ycombinator.com/item?id=23162855 by hn user nemothekid [2] https://news.ycombinator.com/item?id=23265158 by hn user Consultant32452
The mistake is many people in the latter group think they are in the former.
[1] https://signal.org/blog/private-contact-discovery/ [2] https://signal.org/blog/contact-discovery/
Similarly, I wonder if our increasingly low-trust, hyperconnected society will cause us to adapt (evolutionarily) in new and interesting ways. Obviously, all of this happens way faster than we evolve, and we'll need better tooling or cultural norms to deal with this stuff.
Founder Screenplay https://screenplay.co
San Francisco.
Past:
Founder Apex - private groups https://joinapex.com [closed]
Founder sha.capital - painful hedge fund learnings [closed]
Eng @Shyp, @insightpool, @backplane.io, @keep.network
math + biochem dropout
Atlanta, GA
[ my public key: https://keybase.io/raj; my proof: https://keybase.io/raj/sigs/CRoYVodi1zrXBnBgq6VElfWz2nPI9v-PmgaDXRitQss ]