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by sanderjd 1891 days ago
For me the ROI was about 40 hours of studying for (estimating) about a million dollars delta over my next best job offer over the first five years. That week I spent studying is the most return I've ever achieved per hour. I don't love it and I deeply hated it at the time and still feel dirty to think about it, but from a financial ROI perspective it is unassailable. Honestly I think the opposite of your family-man argument is the case: I couldn't afford to allow my pride to keep me from doing that, for the sake of my family's finances. When I was young and unattached I could (and did) afford to be more idealistic about not doing that kind of gross thing, just for the financial reward.
2 comments

I think you should acknowledge that some people fail despite studying about 40 hours, and failing an interview takes a significant emotional toll that needs to be dealt with.
Good point, it is definitely not risk-free ROI at all, and the emotional toll can have outsized impacts. But I still think people with the skill set to succeed at other companies can learn enough in a relatively small period of time (I said 100 hours in a different comment to make the numbers round, maybe even double that is worthwhile) for it to be a worthwhile risk. I mean, the exact calculation depends on a bunch of details, like what the best alternative is in comparison. But I think for lots of people, it is worth the risk.

One thing I'd say is that essentially none of the people I know in other fields have a similar opportunity for a relatively small amount of dedicated study to pay off so well.

You're just so right! I'm expecting to take on a roughly 14 week study course to fit the work required into the time I have after I've put my son to bed and around my day job. Oh yeah ... and that podcast I started about professional development in software engineering.

(...and, and, and...)

But you're SO right.

I expect that publicly committing to internet-strangers that I'm working on the course, producing materials for them &, having a scheduled weekly discussion around the topics will help with both learning the content AND keeping us all motivated.

Your initial comment was one of the things that helped me come to those conclusions, so genuinely thank you, kind internet stranger for sharing your wisdom.

So it took a few days for what you said to sink in. And there were a few other information sources that combined together to bring me to the conclusion that you're right.

I've actually started writing a self-study course on passing the FAANG, as a trained educator with a bachelor of Education and five years experience as a high school teacher, I think I can make a fair shake at designing a series of free learning materials on the subject.

I started inviting people along and have built up a list of about 20 people who've at least SAID they'll stop by to my live streams (once a week) to discuss the problems of the week.

It's going to be a structured course https://github.com/AlexChesser/faangterview-preparation-cour... I'll be releasing under MIT.

I don't know that the switch would have flipped in my head about the ROI of the FAANG interview.

As I said, it took a couple days to actually sink it but you have completely changed my mind. I now completely agree with you that they are worth doing for a number of reasons, many of which aren't financial at all.

I see them as equivalent to the Bar exam for Lawyers now. Would you hire a lawyer who said "I don't believe in the bar?" (I think we've seen how that played out with the Kraken lawsuit!)

Would you go to a hospital that said "We don't believe that doctors need to have done the USMLE"?

In both cases hell no!

You're right. This is not arbitrary or cruel, it's just a professional qualification. Sure there's some luck involved, there's the chance of personality conflict. There's all sorts of potential downsides... but there's also the upside.

Being better at my craft overall is the ultimate reward. If I'm a better developer overall, the money will follow regardless of whether I get in to a FAANG