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Tuesday, August 01, 2006 - Web Start-Ups Lure Executives At eBay, Yahoo - Web Start-Ups Lure Executives At eBay, Yahoo: A midlevel software engineer who manages engineers and reports to the vice president of engineering makes a median base salary of $145,100 at a private company, compared with $153,200 at a public company, according to Radford.

This new wave of startups is definitely going to burn through cash much faster than the older wave of startups back in the mid-90s. Part of it is inflation --- it's much more expensive to live in Silicon Valley now than it used to be. The other half is that Silicon Valley engineers have become much less enamored of stock options than they were in the late 1990s, so you can't just give someone stock and ask them to take a 30% paycut anymore.

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