Bad News For Technology Companies

The venture capital market is on fire and driving up prices for computer programmers. A Wall Street Journal article outlined how programmers straight out of college are being paid starting salaries of over $100,000 a year. This is not a positive for well established technology companies as their compensation expenses are sure to rise.

Technology has been one of the hottest sectors and this is a case of being a victim of ones own success. I see this as more of a longer term headwind but unlikely to effect the shorter term.

3 comments:

Anonymous said...

I told you he's wrong on his views..

I do give him kudos for admitting it. Most don't.


http://www.thestreet.com/story/11028755/1/kass-mea-culpa.html


Like I keep saying...things are getting better. Buy the dips, you'll be rich in a few short years.

Anonymous said...

outsourced tech labor is still dirt cheap.

Tsachy Mishal said...

i have been told by friends in the tech sector that outsourced tech labor is extremely low quality.