Actually, regarding engineering salaries, I think is this is very very good.
In recent years, we ended up in situation where it is widely believed that technical knowledge / expertise is not needed to start a software startup or run successful software company.
In case of startups, the assumption was that all technological challenges get solved by people founder hires (if you look recent posts about what VC what they look in founders, technology is rarely mentioned).
I hope this approach will spark innovation in hard problems such as data stream management, data de-duplication across internet, new way of compressing data, etc.
In recent years, we ended up in situation where it is widely believed that technical knowledge / expertise is not needed to start a software startup or run successful software company. In case of startups, the assumption was that all technological challenges get solved by people founder hires (if you look recent posts about what VC what they look in founders, technology is rarely mentioned).
I hope this approach will spark innovation in hard problems such as data stream management, data de-duplication across internet, new way of compressing data, etc.