What he describes is basically how things work in big corporations in IT, sans gender talk. You don't progress fast, but build momentum relatively slowly, this

What he describes is basically how things work in big corporations in IT, sans gender talk. You don't progress fast, but build momentum relatively slowly, this gets recognized and as you build your capital you ask for raises and promotions. Or raises are decided completely independently on a whim of manager high enough, like in my place. Not ideal, but big corporations are anything but ideal in many aspects.