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I wonder how sustainable this is. Its 400k while their stock price is crazy high. But If we really are in a tech bubble, that money is back to the typically 80

I wonder how sustainable this is. Its 400k while their stock price is crazy high. But If we really are in a tech bubble, that money is back to the typically 80-120k of most tech jobs.

rconti 8y ago
But the startups will suffer in the same way.
jonny_eh 8y ago
If there is a bubble + a burst, I'd rather be at a big company flush with cash. (Note: I'm currently at a startup!)
what_ever 8y ago
Disagree. You get 400k at FAANG when your base is 150k plus 20% bonus. Sure that bonus will go down to 10% but the rest of the 100k+ stock grant per year is not going to become 0. You would still end up with 225k which is still more than startups.
onion2k 8y ago
A burst bubble will kill pretty much every startup that can't get to profit with what they have in the bank right now. Raising will be next to impossible. You do not want to be at a startup if that happens. I'm old enough to have seen the dot-com bubble and it's aftermath, and it wasn't pretty.
docker_up 8y ago
Facebook and Google and others make their money globally. They don't actually make a lot of money from Silicon Valley that's just where their workers are. I can't think of a more diversified, protected stream of income than one of the FANGs right now, even if the US has a recession, there are still countries around the world that will be doing better.
- mkirklions 8y ago
  >I can't think of a more diversified, protected stream of income than one of the FANGs Arent they 100% tech and nearly 0 physical products? That is not what I learned 'diversification' is.
  - docker_up 8y ago
    Your definition of diversification is flawed. Their customers are diversified not only across product sectors, but across the globe. Unless internet traffic or engagement drops, which it hasn't yet and probably won't until a new technology replaces it, they don't need physical products to make the billions upon billions that they do.
ojbyrne 8y ago
It seems to me these high compensations started appearing right after Apple, Google et al got their hands slapped for colluding to hold down engineer salaries. https://www.theguardian.com/technology/2014/apr/24/apple-google-settle-antitrust-lawsuit-hiring-collusion https://www.theguardian.com/technology/2014/apr/24/apple-goo...

I wonder how sustainable this is. Its 400k while their stock price is crazy high. But If we really are in a tech bubble, that money is back to the typically 80-120k of most tech jobs.

rconti 8y ago

But the startups will suffer in the same way.

jonny_eh 8y ago

If there is a bubble + a burst, I'd rather be at a big company flush with cash. (Note: I'm currently at a startup!)

what_ever 8y ago

Disagree. You get 400k at FAANG when your base is 150k plus 20% bonus. Sure that bonus will go down to 10% but the rest of the 100k+ stock grant per year is not going to become 0. You would still end up with 225k which is still more than startups.

onion2k 8y ago

A burst bubble will kill pretty much every startup that can't get to profit with what they have in the bank right now. Raising will be next to impossible. You do not want to be at a startup if that happens. I'm old enough to have seen the dot-com bubble and it's aftermath, and it wasn't pretty.

docker_up 8y ago

Facebook and Google and others make their money globally. They don't actually make a lot of money from Silicon Valley that's just where their workers are. I can't think of a more diversified, protected stream of income than one of the FANGs right now, even if the US has a recession, there are still countries around the world that will be doing better.

mkirklions 8y ago
>I can't think of a more diversified, protected stream of income than one of the FANGs Arent they 100% tech and nearly 0 physical products? That is not what I learned 'diversification' is.
- docker_up 8y ago
  Your definition of diversification is flawed. Their customers are diversified not only across product sectors, but across the globe. Unless internet traffic or engagement drops, which it hasn't yet and probably won't until a new technology replaces it, they don't need physical products to make the billions upon billions that they do.

ojbyrne 8y ago

It seems to me these high compensations started appearing right after Apple, Google et al got their hands slapped for colluding to hold down engineer salaries. https://www.theguardian.com/technology/2014/apr/24/apple-google-settle-antitrust-lawsuit-hiring-collusion https://www.theguardian.com/technology/2014/apr/24/apple-goo...