4 ms·

Lots and lots of equity. For the most part, money talks. But it doesn't have to be guaranteed cash. You can offer a risky gamble instead. FAANG pays $1000, but

Lots and lots of equity. For the most part, money talks. But it doesn't have to be guaranteed cash. You can offer a risky gamble instead. FAANG pays $1000, but instead you can offer a coin flip for $2200, or a snake-eyes dice-roll for $50k or something like that instead. People will tell you all kinds of other things that simply do not matter as much for people who are not already wealthy. Good team, nice people, important mission, free lunch massages, etc. But give a person the choice between all those things and an extra $100k income, and I'm pretty sure you can guess what they'll choose. At least most people.

sigstoat 5y ago
> But give a person the choice between all those things and an extra $100k income, and I'm pretty sure you can guess what they'll choose. At least most people. i suppose "most" can mean a range of things. but i think that if money was even top 3 for somebody, we'd see them studying for FAANG interviews continuously, and applying over and over. in all my years i've run into maybe one person who behaved like that. maybe that's more common behavior than i realize? (google is the only one of them that's had a real presence in my area for >10 years.) it's important! and i think management definitely likes to underestimate the importance, but it seems to be balanced with a selection of other interests. many of which management could provide for ~$0 or <$0, so they're worth mentioning in (what i feel is) the context of this Ask HN.
- b20000 5y ago
  I think the norm now is that most people continuously study for leetcode / FAANG interviews, and the problem is that a lot of companies (maybe more than 80% ???) have taken over this ridiculous interview process now. It's infuriating and insulting, and it needs to stop.