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by oh_sigh 2227 days ago
> into excessively compensated jobs

This is the problem with your conspiracy theory. I work for a FAANG, and maybe about 1/3rd of the people who quit end up leaving to start or join a startup. Paying them tons of money gives them the exact resources to go off and start that competitor.

1 comments

if 90% of tech talent stays at FAANG, collects their pay check which puts them in the top 3% of income earners, and never leaves the Walled Garden Golden Handcuffs of FAANG, that shows the strategy works to suppress potential competitors. not to mention while you are employed at FAANG, you are forbidden from contributing to open source projects and the Company automatically owns any side projects you may create.

when i look at the 500,000 Galaxy Brain coders working at GoogaAppaFaceSoftZon, i hear a giant sucking sound from the open source ecosystem.

if only 10% of tech talent leave before 5 years, that is still a lot fewer Ronin wandering out there who might eventually threaten the Shogun.

Id like to have a chat w. you about all the above. How can get in touch?