It's sad if you're a founder or a VC, but not sad if you're an engineer. "Total Compensation numbers for software engineering is skyrocketing" is a very good thing for the folks who grind every day.
my total monthly expenses are roughly 3500/month so I am able to save almost 50% of my post tax income.
and the USD salaries would put you in the very very top earners of the population. Though sourcing enough devs here would be tricky for anything beyond 10 people if you actually wanted to outsource to NZ.