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How is this a real submission? Yes, a day job is easier, because a day job has a very real cap on your renumeration. Work for a company, create a product, have

by jedrek 2y ago

How is this a real submission? Yes, a day job is easier, because a day job has a very real cap on your renumeration. Work for a company, create a product, have that product generate $50 million p/a in sales? Cool, you're still making the same bi-weekly $3000. This is literally by design, and if you don't see it, what's going on?

consp 2y ago
> Cool, you're still making the same bi-weekly $3000. Most of the SE's around the world do not make that a month, the average is far less outside the FAANG bubble of the US.
- positr0n 2y ago
  $3,000 biweekly is near starting salary for a software developer everywhere in the US. "FAANG bubble" would almost be $3,000/day (if you're accounting for all perks and time off)
jstanley 2y ago
Work for a company, create a product, have that product totally flop and all the investors lose their money? Cool, you're still making the same bi-weekly $3000. That's what a day job gets you.
- runako 2y ago
  This is definitely not true in the US. https://thespoon.tech/juicero-to-lay-off-25-of-staff-as-it-accelerates-plans-for-lower-cost-gen-2-juicer/ https://thespoon.tech/juicero-to-lay-off-25-of-staff-as-it-a... https://www.theverge.com/2024/1/9/24032274/humane-layoffs-ai-pin https://www.theverge.com/2024/1/9/24032274/humane-layoffs-ai... https://www.npr.org/2022/04/05/1091077398/checkout-startup-fast-is-shutting-down-after-burning-through-investors-money https://www.npr.org/2022/04/05/1091077398/checkout-startup-f... etc.
  - jstanley 2y ago
    Sure, you can get fired. But that just means you're not earning any more. You're not losing the money you already had, like the investors did.
    - Paul-Craft 2y ago
      Just to continue the analogy, an employee's monetary down side is limited to the amount of their investment, which is $0, modulo ESPPs and such. Investors can be leveraged and end up losing a multiple > 1 of their initial investment.
deleted 2y ago
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by jedrek 2y ago

consp 2y ago

> Cool, you're still making the same bi-weekly $3000. Most of the SE's around the world do not make that a month, the average is far less outside the FAANG bubble of the US.

positr0n 2y ago
$3,000 biweekly is near starting salary for a software developer everywhere in the US. "FAANG bubble" would almost be $3,000/day (if you're accounting for all perks and time off)

jstanley 2y ago

Work for a company, create a product, have that product totally flop and all the investors lose their money? Cool, you're still making the same bi-weekly $3000. That's what a day job gets you.

runako 2y ago
This is definitely not true in the US. https://thespoon.tech/juicero-to-lay-off-25-of-staff-as-it-accelerates-plans-for-lower-cost-gen-2-juicer/ https://thespoon.tech/juicero-to-lay-off-25-of-staff-as-it-a... https://www.theverge.com/2024/1/9/24032274/humane-layoffs-ai-pin https://www.theverge.com/2024/1/9/24032274/humane-layoffs-ai... https://www.npr.org/2022/04/05/1091077398/checkout-startup-fast-is-shutting-down-after-burning-through-investors-money https://www.npr.org/2022/04/05/1091077398/checkout-startup-f... etc.
- jstanley 2y ago
  Sure, you can get fired. But that just means you're not earning any more. You're not losing the money you already had, like the investors did.
  - Paul-Craft 2y ago
    Just to continue the analogy, an employee's monetary down side is limited to the amount of their investment, which is $0, modulo ESPPs and such. Investors can be leveraged and end up losing a multiple > 1 of their initial investment.

deleted 2y ago

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