HomeinetBloomberg: Silicon Valley's child labor - They pay 15-year-olds $8,000 in salaries...

Bloomberg: Silicon Valley's child labor - They pay 15-year-olds $8,000 [images]

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Facebook and Mark Zuckerberg personally rolled out the red carpet for 17-year-old Michael Simon, as soon as the kid said the big "yes" to working for the popular social media company.

But he's not alone! The big companies of the so-called Silicon Valley are increasingly approaching children under 18, offering them "crazy" salaries and assigning them projects that will be the engine of their profits in the coming years.

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Mark Zuckerberg with 17-year-old Michael Shaiman 

Simon couldn't believe his eyes when he received an email from Facebook asking him to work for them. The Miami native, a computer geek from birth, took advantage of a Facebook program and created his own mobile application that quickly set a record for "downloads.".

Of course, Facebook executives not only did not accuse him or send him to court, but they offered him a job with very good pay.

So what's going on? Is this the new trend in big business? Bloomberg reports that, yes, this is exactly what the "big guys" are trying to do: to appropriate the natural talent of 16-year-olds, pay them well, and have them come up with new programs that will bring them billions of dollars.

There is a culture in Silicon Valley that is completely geared towards the younger generation. Peter Thiel, an investor in Facebook, pays kids under 20 $100,000 to drop out of school and pursue their big dreams in the market. Everyone is looking for an opportunity, like Nick D'Aloisio, who became a millionaire at 17.

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Multimillionaire Nick D'Aloisio

Another classic case is James Anderson from Oregon who, through a startup company, was approached by big giants at the age of 13 (he is now 15).
All these kids and others who come after them receive money that a peer their age (let alone older) would only dream of. Their salaries even reach $8,000. Technology companies are the ones that pay the best and will continue to do so as long as they see that the offered… minds come in geometric progression.

Source: iefimerida.gr 

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