undefined | Better HN

0 pointsyobbo3y ago0 comments

> If you have a pulse and can barely pass fizz buzz you’re employed with 200k salary

If this was true; it is not an "efficient market" we are observing, neither in SaaS or developer employment. These companies would be outcompeted. The underlying mechanism that enables this is probably SaaS/etc lock-in.

Will be interesting to see what/how overturns whatever paradigm this is.

0 comments

ramraj073y ago

Efficient market hypothesis doesn’t work here, honestly not sure if it works anywhere. See https://danluu.com/nothing-works/

jokethrowaway3y ago

Every once and then they buy a startup to inject themselves with new blood and maintain their dominance. They also need to have decent leadershipt to make the right decisions (eg. I'm sure Ballmer would have killed M$).

They can afford all those useless employees because software allow you to get lots of profit with little work.

j / k navigate · click thread line to collapse

0 comments

ramraj073y ago

Efficient market hypothesis doesn’t work here, honestly not sure if it works anywhere. See https://danluu.com/nothing-works/

jokethrowaway3y ago

They can afford all those useless employees because software allow you to get lots of profit with little work.

j / k navigate · click thread line to collapse