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by strikelaserclaw 1500 days ago
Most big tech engineers who went to SV in 2010's have experienced unprecedented appreciation to their equity and that forms their baseline of expectations. For a lot of people, it is not "oh my 100k a year equity grew to 300k a year", its my income per year grew 300k a year and my expectations are for 500k a year from now on. This is especially bizarre at companies which fail to make money because their business model is flawed, no amount of engineering talent can make a shitty business model functional. What this all means is that we are in for a slow down in the next ten years.