A mid-career (~5 years in) competent performer at AppAmaGooBookSoft has a total package of ~$350k per year. There are tens of thousands of engineers there with a package closer to ~$800k. The people getting those packages are talented, but not unachievably so. Just market rates.
-
-
Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Only the few people earning this much need to add huge value. The key is scale. The software they’re writing must make a correspondingly huge impact on savings or earnings.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@sehurlburt Facebook median pay is $240k https://www.wsj.com/articles/at-facebook-median-pay-tops-240-000-1523924535 … FB has 25k employees. There are 12.5k people at FB that make more than $240k.Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
that logic would mean 5 years would be peak or end career. I think Patrick was, as he sometimes does, exaggerating to make a point: you can have a satisfying and profitable career at a "big." That important truth doesn't need embellishment.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
I think only roles that will do that well for EMPLOYEEs (ie not founders) in most smaller tech companies is sales/biz dev with heavy commission
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Sounds like you feel pay this high isn't economically based? Why would a successful company pay far more than someone is worth? I'd say they believe paying 800k instead of 200k will get them more than 600k extra revenue/savings. Perhaps hoping to hire a "10x" programmer.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
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.