When will the correction finally come? We've seen no end of silly money being thrown around by Venture capital companies of late, and now it seems that Google and Facebook are chasing grad students with fistfuls of cash. $95K for a grad student with no experience is crazy talk, but the comments on the post seem to support the claim. Sadly this just perpetuates an unrealistic industry that will eventually come crashing down.
Of course, in the interim the rest of us software companies have had to increase salaries just to get any talent, and the end result is our clients pay. Software gets more expensive, and the industry gets a bad name for not providing good value…
Bring on the correction.
