[Iftheshoefits]

If it's an exaggeration then this industry's labor pool is in even worse shape than I suspected.

To put this in context: I'd consider myself average, maybe slightly above in some contexts, below in (many more) others, and my current salary (full-time, all-in) is closer to $200k than $150k. The majority (about 80%) of that is base salary, not "bonus", stocks/options, or benefits. If I can get a ("senior developer" level, not management) job with that compensation, the people in this valley who are much better than me (and that would be most, or at least many, many others) ought to be able to command significantly more.

[apta]

Are you based in the Bay Area? Do you work at a large company (Google, Apple, MS)?

[Iftheshoefits]

Yes to the first, no to the second (I would almost certainly not qualify for the ones you listed--not for lack of talent, as I forgot more math by the time I took my PhD qualifying exams than most CS graduates ever learn, but for other reasons).

It is my second job in this area, and I'm a bit (~15%) better compensated this time than last.

[apta]

Start up then? :)