> Yeah those companies don't exist because they would be wasting money.
Basecamp has been around for 20+ years and they publicly mention that they hire based on SF rates, not even SF but the top 10% of SF[0] for positions around the world.
When you have only 30 employees, and your people at the top are buying multiple supercars and planes, and your revenue is somewhere in the ball park of $5M+ per employee... you sure as hell better be paying salaries commensurate with that, or people are going to be bitter.
Basecamp has been around for 20+ years and they publicly mention that they hire based on SF rates, not even SF but the top 10% of SF[0] for positions around the world.
[0]: https://signalvnoise.com/svn3/minimum-pay-at-basecamp-is-now...