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by sublinear 4 days ago
I think a much better metric is the results of the compensation, not the peak dollars earned for some narrow window of time. The differences in the cost of living and local economic inflation can become that significant in the long run.

I'm not sure I would call an appetite for risk a "talent", or even a natural consequence of talent.

If we look at the average case, there are plenty of millennials now turning 40 who have higher net worth and a better work-life balance precisely because they never worked for a FAANG. Can't argue with the results of sticking around somewhere and climbing the ladder the traditional way versus enduring all the job hopping, glass ceilings, and layoffs.

1 comments

I'm skeptical that this is true with respect to net worth, given that I have worked at both FAANG and non-FAANG companies and I know what I got paid at one vs the other.
What factor(s) would cause you to go to a non-FAANG, having experienced both?

Pay means a lot; pay doesn’t mean everything.