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How are you able to build something like this while only paying engineers 50k/yr?

https://www.ycombinator.com/companies/lago/jobs




The job post includes a range: $50K-100K and the location is set to "Bogota / Paris". I had researched compensations in these markets and the range seemed relevant. We definitely pay competitive salaries, place the bar quite high and adjust it based on the candidates we meet.


Interesting. Wouldn't have thought a range including 50k/yr would be competitive.


You can pretty much take US tech salaries and divide them by two, and you get something that's pretty typical in western Europe.


50k in Bogota probably and 60-75k in Paris.




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