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Personally, I’d happily accept being a lifeless drone, at least for a few years. Save the extra income and invest it. Reap the dividends. Having said that, I d

Personally, I’d happily accept being a lifeless drone, at least for a few years. Save the extra income and invest it. Reap the dividends. Having said that, I don’t know how bad those roles actually are. Obviously, it’s not worth it if it affects your mental health… and unfortunately yeah, that is an issue working in this field.

JAlexoid 5y ago
Nope. You don't. The difference between both taxes and the "next in line" isn't large enough. Hedge funds pay as much as Google/Facebook, but work and life balance at SV companies is much better. Compare my two offers from a few years ago - well known hedge fund in CT vs a food delivery tech company. Well known hedge fund paid $250k+50k bonus for expected minimum 50hour weeks and 20 days of vacation time. Food delivery company offered $170k+200k in stock over 4 years for 6 hour work days in a relaxed environment and unlimited PTO. It's at the point that it's not worth the money. Sure it's about $3k extra monthly income.... and if you're not burdened with student debt, it's not a game changer.
- anonymous_HFT 5y ago
  maybe try going to actual top firms: JS, HRT $400k new grad TC, Free food, 40 hour work weeks, great company culture (many events) Facebook this year had many intern events trying to convince people that FB > Quant, evidently the brain drain is there
  - hackerfromthefu 5y ago
    I'm considering making the next move in my career, can you expand on the top firms and by full name so I can find them? Much appreciated :)
    - gstipi 5y ago
      I assume they were referring to Jane Street and Hudson River Trading - wishing you every success with your next career move!
      - hackerfromthefu 5y ago
        Thank you!
    - top_kekeroni_m8 5y ago
      I am guessing JS is Jane Street and HRT is Hudson River Trading.
  - JAlexoid 5y ago
    They are the minority with a VERY small staff, compared to most others. (Also HRT engineers work a lot, not leasurely 40 hours per week) Pointing to extreme outliers is not giving your opinion much credence. Because I can point to some people who work in crypto, that earn $600k+ without breaking a sweat - in Singapore with Singaporean taxes(which blows HRT salaries with US taxes out of the water)

JAlexoid 5y ago

Nope. You don't. The difference between both taxes and the "next in line" isn't large enough. Hedge funds pay as much as Google/Facebook, but work and life balance at SV companies is much better. Compare my two offers from a few years ago - well known hedge fund in CT vs a food delivery tech company. Well known hedge fund paid $250k+50k bonus for expected minimum 50hour weeks and 20 days of vacation time. Food delivery company offered $170k+200k in stock over 4 years for 6 hour work days in a relaxed environment and unlimited PTO. It's at the point that it's not worth the money. Sure it's about $3k extra monthly income.... and if you're not burdened with student debt, it's not a game changer.

anonymous_HFT 5y ago
maybe try going to actual top firms: JS, HRT $400k new grad TC, Free food, 40 hour work weeks, great company culture (many events) Facebook this year had many intern events trying to convince people that FB > Quant, evidently the brain drain is there
- hackerfromthefu 5y ago
  I'm considering making the next move in my career, can you expand on the top firms and by full name so I can find them? Much appreciated :)
  - gstipi 5y ago
    I assume they were referring to Jane Street and Hudson River Trading - wishing you every success with your next career move!
    - hackerfromthefu 5y ago
      Thank you!
  - top_kekeroni_m8 5y ago
    I am guessing JS is Jane Street and HRT is Hudson River Trading.
- JAlexoid 5y ago
  They are the minority with a VERY small staff, compared to most others. (Also HRT engineers work a lot, not leasurely 40 hours per week) Pointing to extreme outliers is not giving your opinion much credence. Because I can point to some people who work in crypto, that earn $600k+ without breaking a sweat - in Singapore with Singaporean taxes(which blows HRT salaries with US taxes out of the water)