It's good, but a huge chunk of this will be lost to taxes because he's in SV (I know because I live and work here as well, have been in a similar situation, and

It's good, but a huge chunk of this will be lost to taxes because he's in SV (I know because I live and work here as well, have been in a similar situation, and his numbers are plausible). So it's something to marvel at, but the actual amount going in the bank is much smaller.