Paying management less than they deserve would not encourage them to stay hungry. But paying them more than they deserve based on market dynamics could possibly cause them to lose motivation. This is definitely not a rule that occurs 100% of the time, but my point is its something to be aware of, and salaries need to be more transparent so better-educated salary decisions can be made (for all participants of the tech ecosystem).
I doubt he has anecdotal evidence or he'd have mentioned specific cases in his article. It's a theory he's working on as part of his efforts to convince the best and the brightest to work for his company, a high risk unstable start up, for below market rates. There's one of these articles out from some guy at a VC backed firm who is unable to afford competent people every few weeks. The best idea these guys ever have is to write articles telling all the "coders" that they are not as special as they think they are and would be lucky to work for a fine firm such as theirs in return for vague promises of magic beans.
Meanwhile I have no problem at all hiring the best and the brightest. It's super easy to find good people and hire them and how to do so is not a secret at all.
Nope. Not sure how one might prove something like that. I'm citing it based on experience. Again, not saying that this is always the case, just that it is a counter intuitive phenomenon to be aware of.
Why the down votes folks? Counter his experiences with your own examples or theory, tell him you disagree with what he thinks he saw (even though you weren't there) but sheesh, its not like he said something worth down voting. (I'm going to feel silly if the down voted post was full of racial slurs and has been edited since the down votes to remove them.)
