Startups that pay so little

Question

I work in a niche tech field, so don&rsquo;t expect to make as much as big tech.But startups in my industry are offering max salaries for Sr roles of $150k in SF &mdash; which qualifies for affordable housing? https://sfplanning.org/home-sfSince so many IPO and SPAC exits left staff with little to show for it, who are they expecting with these low salaries?

sharemywin · Accepted Answer

I just don't know why they force people not to be remote.
You could live very well in most of the country for that.
And one big slogan for startups is get out of the office and talk to people. I would argue if you want to build something that has national appeal get out of the state.

mtmail · Answer

The FAQ page puts Electrical Engineer at $95k/yr and 140% of area median income. With $150k you'd be at 220% of area median income. That's outside the "Who is affordable housing for" table

Startups that pay so little

I just don't know why they force people not to be remote.You could live very well in most of the country for that.And one big slogan for startups is get out of the office and talk to people. I would argue if you want to build something that has national appeal get out of the state.

The FAQ page puts Electrical Engineer at $95k/yr and 140% of area median income. With $150k you'd be at 220% of area median income. That's outside the "Who is affordable housing for" table

I just don't know why they force people not to be remote.
You could live very well in most of the country for that.
And one big slogan for startups is get out of the office and talk to people. I would argue if you want to build something that has national appeal get out of the state.