this post was submitted on 03 Dec 2023
216 points (100.0% liked)

Technology

37712 readers
187 users here now

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:


This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS
 

We estimate that by 2025, Signal will require approximately $50 million dollars a year to operate—and this is very lean compared to other popular messaging apps that don’t respect your privacy.

you are viewing a single comment's thread
view the rest of the comments
[–] Vlyn@lemmy.zip 14 points 11 months ago (3 children)

Is it just me or is $19 million per year for 50 full-time employees insane?

Even for US salary standards.

[–] phoenixes@beehaw.org 7 points 11 months ago

My guess: People who can be as competent with security as they need are very expensive.

[–] avidamoeba@lemmy.ca 6 points 11 months ago* (last edited 11 months ago) (1 children)

Not at all. That's $380K per person if everyone is making the same. Engineers with a few years of experience at Meta make $400K+.

[–] EinfachUnersetzlich@lemm.ee 4 points 11 months ago (1 children)

Don't forget the employer taxes, insurance, recruitment costs and so on. It wouldn't surprise me if the employees are earning on average half that.

[–] avidamoeba@lemmy.ca 1 points 11 months ago
[–] TheChurn@kbin.social 6 points 11 months ago

Role of thumb is an employee costs roughly twice their base salary, as the employee still needs to cover insurance, taxes, sick time, and other benefits.

That leaves an average salary of 190K for the 50 employees. That isn't much for tech.