> If what you describe happens (33% cut to salaries) then the bar for your own startup to be worth it is suddenly lower.
That sounds like a material reduction in quality of life. Running a startup seems like it would entail way more hours worked and way more pressure, even if you were making better money. IMHO, that's not a good trade off.
> Running a startup seems like it would entail way more hours worked and way more pressure, even if you were making better money.
It is also ignoring scalability issues in the sense that if a large number of people now working regular jobs in tech are forced down this path, the amount of competition among these startups would be astronomical which would result is downward pressure on both the ability to fundraise and the ability to generate revenue for your particular startup.
Impossible for me to believe each individual startup founder would find some profitable niche to fit into.
That sounds like a material reduction in quality of life. Running a startup seems like it would entail way more hours worked and way more pressure, even if you were making better money. IMHO, that's not a good trade off.