[harichinnan]

We all like $400K the investment bankers make. But Finance Industry had developed a business where they could pay their workers $400K and still make a huge profit for their investors. Except for Googles and Facebooks, the average tech startup is not making Finance industry level profits.

Also Finance requires proper education and training. Not so much for App development. So for everyone who complains about getting $150K offers, there are a 100 thousand people right here in US applying for $60K technical analyst jobs.

[__derek__]

> Except for Googles and Facebooks, the average tech startup is not making Finance industry level profits.

And they don't have finance/Google/Facebook level needs for data engineers. They can't reasonably claim to need top-level skills and then beggar out on the cost.