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Scam is the wrong way to look at it. Basically, it's like airlines charging you fees for overhead baggage. If you can get into a big tech company without back-w
by habitue 5y ago
Scam is the wrong way to look at it. Basically, it's like airlines charging you fees for overhead baggage. If you can get into a big tech company without back-weighted vesting, of course you're going to take that. The difference is on the margin.
Developers who went to tier C schools, 3.X GPA, 2-sigma IQs instead of 3, they have a shot at getting into Amazon and actually making way more and getting much better equity than they would working in IT at their local HR company (<$100K salary, negligible to 0 equity)
Again though, if you are capable of getting into any other FAANG, of course do it.
- Xeronate 5y agoAll FAANG interviews are easily studied and passable by anyone that's motivated. Ridiculous to imply FAANG only hires geniuses. And since sign on bonus offsets backloaded vesting it hardly matters unless you truly believe amazon stock growth is going to rapidly increase in the next two years (and even then you could just buy the stock yourself with your bonus).