Meanwhile to some of these points... we had a client recently where we built their mobile app. Large app, over $50,000 with a full API backend. Not a simple hello world. And then they hired someone straight from a boot camp to manage their mobile app, API, website, everything. And gave that person a Director title.
Yes, I know, titles are cheap at startups. But I guess you can learn to code in three months and not only get a job but apparently be director level.