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by dahwolf
1119 days ago
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Always funny to see SV people not understanding SV, thinking the rest of the world is underpaid. SV is an planetary anomaly. Hundreds of billions (if not more) of capital free to invest in highly risky undertakings. That's why you earn 200K or more. An enormous surplus of capital with a high tolerance for failure. That type of capital simply does not exist anywhere else in the world. And this only strengthens the SV effect, like a gravitational force. Trust me, it's not because Europeans have more holidays. Companies simply cannot afford to pay these salaries anywhere in the world except in SV. Because they quite simply don't have these types of budgets. To put things in perspective, if you'd travel around the world and call out the number 200-300K/year, people everywhere will assume you own a factory or are some other huge deal. They most certainly will not think of a microservice developer. |
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This is why even as an SWE making $300k you should think seriously about forming a nation wide union and this is also why they're copying each other with layoffs because their profit and what they pay employees is increasing at a similar rate.
"Well 200k is a lot of money by comparison but multiple 10M+ rounds for 5+ years with no profit is totally normal" lol.
You all should also fight agressively for laws that prevent companies from outsourcing talent, unless you haven't learned from the 2000s.
To all of you founders and execs, go to countries with cheaper salaries and bigger taxes, nobody is stopping you.
The nerve on these rich people, it's not enough they evade taxes and pay less than small businesses but they also have to nickle and dime their own employees!