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"look! the #signalapp income and salaries report for 2024 dropped!" #startpocketwatching #opentechnologyfund #usgovernmentsponsored (thelemmy.club)
submitted 6 months ago* (last edited 6 months ago) by [B] to c/privacy@lemmy.ml
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https://mastodon.de/@adbenitez/116196758509784557

https://projects.propublica.org/nonprofits/organizations/824506840

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[–] 14 points 6 months ago (15 children)

If we're going to continue doing capitalism, we need to celebrate when people who are responsible for quality products are paid comfortably but not so much that their pay disrupts other peoples' status.

700k very much qualifies in today's world.

Stop being crabs in a bucket.

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  • [–] [S, B] 13 points 6 months ago (7 children)

    Guy who wants to continue doing capitalism

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  • [–] 1 point 6 months ago (5 children)

    If you want to change capitalism structure, tearing down privacy tools is not the way to do it.

    How much does the equivalent salary at Whatsapp pay?

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  • [–] 1 point 6 months ago (2 children)

    The average WhatsApp Inc. executive compensation is $221,139 a year.The median estimated compensation for executives at WhatsApp Inc. including base salary and bonus is $221,114, or $106 per hour. At WhatsApp Inc., the most compensated executive makes $450,000, annually, and the lowest compensated makes $53,000

    https://www.comparably.com/companies/whatsapp-in/executive-salaries

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  • [–] 1 point 6 months ago

    I'd be surprised if this was accurate. I've seen average at Facebook of 350k. But, that's the problem, we don't really know as the data is not public.

    I would also assume the private company salaries we do know don't include stock options and bonuses.

    I think 700k+ is crazy high for a company without a model for much revenue. However, if they can afford it and the people are worth it, I don't think it's a bad thing in and of itself.

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  • [–] 3 points 6 months ago (6 children)

    Seriously so much this!!!

    These people have a great product and they should be paid enough to keep them from seeking other sources of income. That's how we got Facebook. Plus having the numbers publicly available is a big plus.

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  • [–] 7 points 6 months ago (5 children)

    You guys are out of your gd minds I'm not going to sit here and explain what a mode of production is to you, or that executives are not proletarians. Jesus H. Christ

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  • [–] 0 points 6 months ago (3 children)

    If shit was spread equally, everyone would make >$500 grand a year.

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  • [–] 2 points 6 months ago

    FWIW not on income but on top wealth, Musk has $792 Billion (ffs...) so ~$1000B and we are 8.4B Earthlings so ~10B. If we were to spread equality his wealth (which I'm all for) it would "only" gives each of us ~$100. Conclude from that what you will but to me it's just a reminder of just how many people we are. A lot.

    PS: this isn't about income and it might be totally different there. If you have a better metric and approximation I'd be all ears.

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