Young developers will work mindless hours and not demand proper compensation. That's why (poorly run) start-ups prefer 'em.
Also, wealth is the world's shittiest metric for success. I know a ton of people with incredible skills who work rather low-paying jobs because they want to improve the world, follow a particular passion, or whatever.
>>Young developers will work mindless hours and not demand proper compensation. That's why (poorly run) start-ups prefer 'em.
Well, there are other reasons. People you hire straight out of college tend to feel grateful, and also feel like they need to prove themselves (which is true). So they are usually willing to work extra hard. This can be a good quality, if nurtured properly with guidance and training.
Also, wealth is the world's shittiest metric for success. I know a ton of people with incredible skills who work rather low-paying jobs because they want to improve the world, follow a particular passion, or whatever.