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Upstarts raid giants for talent in Silicon Valley

58 pointsby pramodbiligirialmost 10 years ago

4 comments

smikhanovalmost 10 years ago
Lucky engineers in Silicon Valley. Nowhere else in the world developers have it so easy.
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trhwayalmost 10 years ago
the higher the chimney the stronger the draft. Sucking up high talent into the upstarts means good openings in the giants for the rest of us :)
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CmonDevalmost 10 years ago
<i>&gt; Two of the chefs who prepared meals for Googlers, Alvin San and Rafael Monfort, have been hired away by Uber and Airbnb in the last 18 months.</i><p>Ha-ha, can&#x27;t even keep the catering staff! Time to wake up and pay the market wage.<p><i>&gt; In addition, a nimble recruiter from a much-talked-out start-up can still move faster than even the most competitive companies like Google.</i><p>And reply to every email, instead of leaving candidates waiting for weeks.
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graycatalmost 10 years ago
&gt; technology companies wage war on one another for top prospects by doling out six-figure salaries<p>First, how far does a &quot;six figure&quot; salary go when living within commuting distance of a job in Silicon Valley? Can such a job buy a house, two late model cars, and support a wife and family, at at least a moderately high standard of living, while saving for emergencies, education for the kids, and retirement? Right, I thought not.<p>Second, early in my career in a hot job market, my annual salary was a little over six times what a new, high end Camaro cost. And where I was living the cost of living was not especially high. So, to do that now, say, a Camaro for $50,000, would need $300,000 a year plus another 100% for Silicon Valley, $600,000 year, plus more for higher Federal taxes now, plus more for higher California taxes, entry level, non-management. Are people getting that in Silicon Valley? I thought not.<p>Third, Silicon Valley is still the HQ of H1-B fraud, right? I thought so.<p>Fourth, in a successful startup, other than founders and a few of the early employees, how many of the employees ever see any significant financial gain from their stock? Only a tiny fraction? Thought so.<p>Fifth, what&#x27;s this stuff about &quot;talent&quot;? Can that be measured by SAT scores, college grades in computer science, good projects in computing successfully completed, a world class research university Ph.D. in applied math with published work in nearly all of the topics in <i>data science</i>? Will HR even look at such things? I thought not. Instead they want why manhole covers are round? And they want <i>skills</i> -- Linux, Java, Python, etc., to hack code, 100 hours a week, on a laptop, at a folding table, in a big room, with all the tables packed with other <i>coders</i>? I thought so.<p>Question: Why does the NYT publish such absurd, misleading, potentially harmful propaganda?
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