@highjump We have paid anywhere from $0-$100 for pieces. And upwards of $200 for writers who have done sponsored posts for us. Generally anyone who has offered to write "reported" pieces for us (conducted interviews, etc.) get paid on that higher end. We're not at a point where we can pay for absolutely everything yet and the main reason for that is that the site was not making any money initially and Logan and I had to take out a loan to get the site built and to feed ourselves (while simultaneously working other jobs, which I still do). That loan is still being paid off. Once that loan gets paid off, we'll be in a different position. Also, we've never asked anyone to write for us for free—it's always been a writer's decision to do that or not.
@Cup of T I mean, that's what I pretty much look like after two days of no sleep and one day of fighting with a wall.
@Brian Smith@facebook "Against this backdrop, Tetrick sees a huge opportunity to sell his fake eggs for use in packaged baked goods where their taste (bland, in our experience) is less of a drawback, and their cost (48 percent cheaper than conventional eggs) is more of an asset."
@garli What are they stealing!?
@azile I think there are a couple things here. One is that the eight people who agree to let a reporter follow them around for three years aren't typical, and when I ask him "do you think that it was just because none of the jerks wanted you following them around?" he concedes that might be true. And then he proceeds to go out to find some jerks just to prove that they still exist. That part of the culture is still there. If you read the book you learn that some of these young, idealistic workers do kind of snap out of it, and really think about what they're doing and who they work for, and they decide to leave Wall Street altogether. I also think that Kevin is realistic about the Wall Street changes. He knows that it'll take a lot to change things. As he says above: "I think the people who are coming in are different than the people coming in 20 years ago. But the teachers are the same. The lessons by and large are the same as they were. So even if they come in different, they all end up in the same—the culture is so strong and the pressure to adopt it is so intense." It's not that this young generation will go into Wall Street and change it, but that they're deciding not to go into Wall Street in the first place—they're choosing to work in the similarly remunerative tech sector, or do a program like Teach for America (which has its own problems!).
@azile What makes you say that? The very last thing we talk about in this interview is in regard to him exposing the plutocrats at the very top level of Wall Street at an annual dinner, which he deems as the most offensive thing he has ever seen: http://nymag.com/daily/intelligencer/2014/02/i-crashed-a-wall-street-secret-society.html
@Aubrae I have an email address. Will send!
Thanks for the nice words! I don't ever want to look back on my life and wish that I could have been more kind to people.
@shannowhamo I just wanted to step in here and say—because I think some of these comments are a little unfair to Meaghan—that it's sort of a privilege that the editors and contributors here allow anyone to know about our private financial lives, information that we have attached to our real names. Meaghan is free to disclose as much or as little as she chooses, and I think she provided a good overview in her introduction post, including disclosing that she has money from her stock options. I also think the comment about the health insurance is kind of harsh.
@aetataureate I've had it since Day One here! And yes, once upon a time, a kitten jumped up behind my neck and popped its head out to say hello and, yes, it was the best thing ever.