What is value in this context though? Seems for Google the value is actual money... | Hacker News

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bosie on May 8, 2021 | parent | context | favorite | on: Evidence from leaked account data on how elites us...

What is value in this context though?

Seems for Google the value is actual money and for a startup it is a potential future earning? Yet the startup developer in San Francisco is still (presumably) paid 200k or more? If that startup fails, was the developer overvalued?

CryptoBanker on May 8, 2021 [–]

No, it just means the startup's investors made a bad bet

bosie on May 9, 2021 | [–]

If you use scaling up as an argument for paying a higher salary, wouldn’t scaling down do the same but in the opposite direction?

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