(This math is pretty surprising but, yep, contingent on doing YC and making median progress by Demo Day you’d be able to raise approximately the same as my expected lifetime earnings as of graduation in 2004. Which is, as stated, pretty wild.)https://twitter.com/lpolovets/status/1104861189371158528 …
-
Show this thread
-
(You don’t keep the money, naturally; it’s been entrusted to the company you founded to spend wisely in the hope of creating a venture-scale return for all concerned. Still wild.)
2 replies 0 retweets 10 likesShow this thread -
If I was advising a CS student with approximately my 2004 life plan (“Get a nice stable job at BigCo.”) graduating in 2019 I’d bump up my estimate of their lifetime earnings by approximately 5x to 8x, more if (unlike myself at that age, but plausibly) they get AppAmaGooBookSoft.
4 replies 0 retweets 16 likesShow this thread -
The delta is partially “Recovered from the dotcom bust” but mostly “Oh hey software are the world and starting wages for technologists are now higher than your anticipated career peak compensation in 2004.” (And I suppose generic inflation, a bit.)
2 replies 0 retweets 15 likesShow this thread -
Replying to @patio11
regarding lifetime earnings, any thoughts on age discrimination’s effects?
1 reply 0 retweets 0 likes
Complicated and partially downstream of weird idiosyncrasies in the industry about career technologies, a two-tier caste system for technology work, and similar. I feel like I understand where folks who claim age discrimination are coming from but do not discount heavily for it.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.