[rvivek]

We have a distributed team in India & Silicon Valley. The market in India has changed dramatically from what’s being portrayed here. A strong VP, engg candidate is about $200k, a new grad is at least $30k and it rises rapidly as you get more senior. There are stock options on top of this.

Why is this happening? (a) Lot of companies are opening up offices in India and willing to pay higher to set up the team quickly; (b) The VC finding scenario is as crazy as it exists in Silicon Valley. SoftBank is a global firm :)

It’s not as straightforward to build a 10x engineering team in India. Sure, it’s probably cheaper than Bay Area but you need to consider the overall cost of communication, speed of process, especially for a startup.