Comment by TuringNYC
6 years ago
>> Google and FB were paying less when they were founded than most startups I see today, adjusted for inflation.
You'd have to adjust quite a bit for inflation. The average rent has skyrocketed 300% since the time Google was a pre-IPO company. I would not mind a "low" Google 2004 salary if I could somehow also lock down a Mountain View 2004 mortgage. Also, tuition and student loans have risen. So while im at it, i'd love to lock down a 2004 student loan burden.
> average rent has skyrocketed 300%
The world is bigger than SF. Seattle enjoys the same payscale with half the housing costs.
Pretty sure house prices in Mountain View would've been way higher in 2004 if everyone knew where they'd be in 15 years.