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Message
re: Silicon Valley Startup Weeby Blows Up Salary Structure For Top Software Enggrs
Posted on 9/23/14 at 12:18 pm to hikingfan
Posted on 9/23/14 at 12:18 pm to hikingfan
quote:
Brown just signed a contract with Mountain View game developer Weeby.co for $100,000 a year, plus $10,000 monthly raises until he reaches a quarter-million a year, plus equity in the company.
Wow.
quote:
“I think in Silicon Valley, there’s this ongoing talent war going on,” said Weeby.co CEO Michael Carter. “The truth is that the best people are worth this much.”
That's true but if you're tossing out quarter million salaries and equity to 19 year olds, you can't afford to miss on too many of them.
1
Posted on 9/23/14 at 12:22 pm to Walking the Earth
quote:
That's true but if you're tossing out quarter million salaries and equity to 19 year olds, you can't afford to miss on too many of them.
Being in the technical staffing industry, the salaries are definitely going up. Most companies, especially these trendy startups, are willing to pay if someone is worth it. They don't really care as much about how much experience you have, it you're better than a guy on their team that gets 100k, you'll get what they value you at.
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