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$250k easily? I think that's a level of skill that is not at all common. I'm not saying nobody gets paid that all, but developer compensation needs to be more

$250k easily? I think that's a level of skill that is not at all common. I'm not saying nobody gets paid that all, but developer compensation needs to be more realistically looked at on this forum. I'd say the majority make less than $100k, and $150k or more puts you in the top 5 percentile.

nostrademons 15y ago
The level of skill needed to build a company from scratch and have it bought by Google is also not all that common. Apples-to-apples here: if you're going to compare a startup founder to an employee, you should compare them to someone of equal skill.
- Hisoka 15y ago
  Anyone can "build" a company from scratch.... But it takes a lot to build a successful company from scratch, which isn't what Fridge did here. I mean, I know not everyone is a startup founder, but the costs and barriers to being one is pretty low these days... just start a website, say you're doing something special, and you can call yourself a "founder".
  - nostrademons 15y ago
    That's still missing the "and have it bought by Google" part. I know how low the barrier to entry for founding a company is - hell, I've done it myself - but there's still a fairly high bar to being acquired, or even aqhired.
- iphoneedbot 15y ago
  Though, one can argue that being YC had more to do with it than just "skill". Maybe they are going to be great leaders within Google.. or maybe they'll just be yet another acqHired then leave as soon as possible.. Point is that -- if they are just a normal 'startup' -- they probably would not have been acquired if they didnt carry the YC brand perception with them
jsavimbi 15y ago
Well, if you're making that magical $100K and you vest after three years for, oh let's say $300K, that'll bring you up to $600K not including benefits and other compensation that could, in theory, make you $250K if you're willing to swallow the opportunity cost of working at $100/yr.
- jsavimbi 15y ago
  Was I downvoted for math errors?

nostrademons 15y ago

The level of skill needed to build a company from scratch and have it bought by Google is also not all that common. Apples-to-apples here: if you're going to compare a startup founder to an employee, you should compare them to someone of equal skill.

Hisoka 15y ago
Anyone can "build" a company from scratch.... But it takes a lot to build a successful company from scratch, which isn't what Fridge did here. I mean, I know not everyone is a startup founder, but the costs and barriers to being one is pretty low these days... just start a website, say you're doing something special, and you can call yourself a "founder".
- nostrademons 15y ago
  That's still missing the "and have it bought by Google" part. I know how low the barrier to entry for founding a company is - hell, I've done it myself - but there's still a fairly high bar to being acquired, or even aqhired.
iphoneedbot 15y ago
Though, one can argue that being YC had more to do with it than just "skill". Maybe they are going to be great leaders within Google.. or maybe they'll just be yet another acqHired then leave as soon as possible.. Point is that -- if they are just a normal 'startup' -- they probably would not have been acquired if they didnt carry the YC brand perception with them

jsavimbi 15y ago

Well, if you're making that magical $100K and you vest after three years for, oh let's say $300K, that'll bring you up to $600K not including benefits and other compensation that could, in theory, make you $250K if you're willing to swallow the opportunity cost of working at $100/yr.

jsavimbi 15y ago
Was I downvoted for math errors?