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"Of course it's higher, what you're sacrificing is career growth. Early on in your career thats usually not the right move." I heard that a lot early in my car
by nostrademons 5y ago
"Of course it's higher, what you're sacrificing is career growth. Early on in your career thats usually not the right move."
I heard that a lot early in my career, having started out in startups. To some extent it's true for the first ~4 years: you gain a lot more background knowledge, problem solving ability, and confidence by wearing lots of hats and owning lots of problems end-to-end.
But I think you have to be realistic about how experience transfers. FAANG-level companies typically discount basically all experience in startups and small businesses they haven't heard of. You might be a senior developer in a small startup, but you'll get downleveled to an L3 new grad level at a FAANG. And you'll make more money, so they figure you'll take it. Or you might be a C-suite founder and (assuming you still have your technical chops) end up as a L6 eng manager (again, probably with better comp, assuming your founder stock isn't going up).
I've never once seen a Director hired from the outside without a.) coming from a Director position at a peer company, eg. Facebook -> Google or b.) having enough money that they don't need to work ever again. By far most Directors at FAANGs are promoted from within after delivering a big win for the company; the next largest category is founders whose startup is acquired; following that are Directors jumping from a peer company; and finally there are former founders and executives that are retired or hanging out as an EIR at a VC firm waiting for their next gig.