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by singron
17 days ago
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After 5 years, you'll have an extra $1M in savings, and you can safely pay yourself 4% or $40k each year in perpetuity without doing any work. This is also a really extreme version of the prisoners dilemma. In the standard formula, there are 2 prisoners, so it's somewhat practical to not defect, but there are hundreds of thousands of qualified candidates for working at Meta in these roles, so your personal decision to defect or not has likely no effect on the ultimate outcome. I.e. for the second option to work, you actually need to organize a unified labor movement with no defectors, which is probably impossible. |
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The only way this could be remotely true on a 400k salary is by saving +80% of take home pay. After taxes that's only 40k/yr to live on.
In a HCOL area. This doesn't even touch on the fact that tenure at most tech places is well below 5y, especially at Meta.