Just curious, did you have the same feeling towards the many decades when law and finance new grads were making $200K-300K (and many still do)? Is writing reports about financial statements of a company or proofreading legal text a more worthy endeavor than making apps/websites that attract users? Are those new grads making meaningful contributions to society?
>Just curious, did you have the same feeling towards the many decades when law and finance new grads were making $200K-300K (and many still do)?
Yes. The difference (aside from the fact that this particular post is specifically about SV, not about law and finance) is that I have never seen lawyers, doctors, or even investment bankers (although yes I have seen Wolf of Wall Street) be so casual about the fact that their salaries are so high. In another comment in this thread, someone suggested that having an extra $5,000 disposable per month was not a lot of money. That is absurd to me, and I have never experienced any of my doctor or lawyer friends have that same attitude.
Do you think having extra $50 disposable per month is a lot of money? There was a time when it would be hugely important for me, and now it is not.
What "lot of money" means is entirely relative to how much money you have because for most people it means "would it translate to large difference in lifestyle".
Also, if we are talking about the comment by refurb, it said "rolling in cash" which does not carry the same connotations as "lot of money".
>What "lot of money" means is entirely relative to how much money you have because for most people it means "would it translate to large difference in lifestyle".
Yes, and my entire point (or at least, the one started by the original top level comment) is that SV has strayed really far from the typical level of "relative" that most of the rest of the country operates on.
thank you for responding so elegantly in a 7+ depth argument to multiple posters each with their own critiques. This is what i read HN for. The parent node comment having to provide a rebuttal for every child lol