[vadym909]

not the op- but I think what he's implying is that all the good engineers are in golden handcuffs with the FANG or unicorn startups making $300k. In the old days you could match the base salary and say my stock is better. Today its harder when MSFT is 3x or Netflix has 5x in the last few years. Your startup stock of 100K with 10% probability of becoming worth 10x in a few years just doesn't sound attractive enough to a good engineer. If all the good engineers are taken, it sucks the life out of other startups.

[nojvek]

It’s not that all the good engineers are taken. It’s that the good engineers are doing mindless ad blasting to make a bigger buck.

There’s an opportunity cost of inventing things that actually make people’s lives considerably better.

The valley was the place where this would happen, now that culture and spirit is slowly dying.

Mostly because you can’t take those kinds of risks. Just the living expensive would kill you. VC money needs a quick buck so that kills those ideas in their infancy too.

Innovation is hard!

[propman]

Hit the nail on the head right here. You just can’t take the risks anymore. Everything is too expensive and it isn’t worth it anymore when Facebook dangles such a fat pay check in front of you. Entrepreneurship and free thinking has turned into copycat, quick bucks how to make quick money and complete group think. This is especially true in the sf start up scene

[oculusthrift]

Do you have a solution? I can’t thjnk of one. not like you can force fb to pay less.

[nojvek]

BUILD . MORE . HOUSING