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BTW, the person I'm quoting is probably worth 9 figures (co-founded a company whose 2015 valuation was mid 9 figures) and in the replies they say that programmers are rich enough because they make at least $60k/yr.
BTW, not calling them out in particular; this is common. Their even richer co-founder has complained that FB pushed up wages to unfair levels and has tried to convince people that they should work at places that pay worse because FB pays too much.https://twitter.com/danluu/status/784929052519837696 …
Since the most common response is that companies have little market power and therefore must pay well: Remember the time when Google, Apple, and almost every major tech company other than FB created and wage fixing agreement? https://danluu.com/google-wage-fixing/ …pic.twitter.com/26rWLLUZTT
There are so many smoking guns I don't even know which one is my favorite. Maybe the time that Steve Jobs (CEO of Apple) got Eric Schmidt (CEO of Google) to fire a recruiter who accidentally violated the wage fixing agreement. The CEO himself made sure the recruiter was fired.pic.twitter.com/JV1bORf3JA
This seems like an odd interpretation of Joel's words. Seems more like he's saying Facebook has to pay more because it's a bad place to work.
If it were just that quote, I'd say that he says "places that pay more are bad", but this is a common theme for him and he also says things like the following and generally complains that other companies are paying too much and ruining the job market.pic.twitter.com/Y98EoKqMqf
The market always looks smarter when it is in your favor.
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