IMO you are entirely correct OP, and it's to everyone's detriment. A huge talent pool locked out of creating new forms of value because investors are too cheap to bump salary from what is arbitrarily considered "pretty good but fair" to "competitive with top rates". Seriously, I love some of the comments here saying $300K/yr is obscene but implying $150-200K would be fine. This difference is a rounding error in the grand scheme of the money involved.
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IMO you are entirely correct OP, and it's to everyone's detriment. A huge talent pool locked out of creating new forms of value because investors are too cheap to bump salary from what is arbitrarily considered "pretty good but fair" to "competitive with top rates". Seriously, I love some of the comments here saying $300K/yr is obscene but implying $150-200K would be fine. This difference is a rounding error in the grand scheme of the money involved.