Lower range for engineers than I would have expected.
Startup has opening -> Can't fill it with people in their network -> Can't fill it with people who come to them -> Resorts to Angel List posting -> Angel list posting stays online longer because they have trouble filling it -> high turnover means the job ad stays up forever or keeps getting reposted.
Great jobs tend to skew toward the left side of that funnel = sampling bias.
It's completely useless. I can't imagine who you'd actually attract with these ads, because you literally can't pay the rent with this money and the equity for senior positions is insulting.