> how much revenue they earn per engineer
That does not necessarily correlate with salary. At least it doesn't outside of SV.
That does not necessarily correlate with salary. At least it doesn't outside of SV.
If I'm making a $1M profit on you, I'll be willing to pay you up to a high fraction of this amount if I have to. Financially, even if I pay you $950K, I'm still making money. Assuming my business scales, I'd hire as many engineers like you as possible, and pay them the same. Why not? I'm making a profit for each one. Great deal for me.
Of course, if you're willing to work for $100k, I'd rather pay you that instead. Hell, I'd rather you worked for me for free!
Where does the money come for dividends, taxes, and overhead?
If there is enough supply of engineers at the same quality, no one will pay more.
Although I don't regret the time I spent outside of SV, from a financial perspective as a single young engineer, it absolutely, 100% makes financial sense to consider opportunities in SF that compensate you so well.
In my case, SV is so different that it actually made me want to leave. Personally, I can't recommend SV to anyone if monetary wealth isn't the only goal.