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This is pretty overblown, I think. I have with intention avoided working for very large companies for most of my career and have a nice house in a major urban a
by eropple 4y ago
This is pretty overblown, I think. I have with intention avoided working for very large companies for most of my career and have a nice house in a major urban area. I save plenty of money and am reasonably likely to retire (defined as "do work I want to, when I want to, for play money etc.") before I'm 55.
If $200K/year at senior/principal isn't "sustainable"--well, move out of the SFBA, I guess.
- grugagag 4y agoThere are startups and startups. Your compensation is not bad at all. I was talking about startups that do this scammy thing mentioned in the thread.
- eropple 4y agoThat's the thing, though. Everyone knows equity value has decreased and salaries have generally increased to reflect it. Within some error bars, $200K is a pretty representative one amongst folks I know who are working for startups in a senior/principal role. There was much more of a delta when I started doing this ~10 years ago, but even then few people were in a hard spot (again, SFBA types maybe excluded, get another two roommates I guess).
- zeroonetwothree 4y agoNot everyone has the flexibility to move wherever they want. I have family obligations in SFBA so I’m kind of stuck. Not that it’s super bad but I dream of saving 2x as much by moving somewhere cheaper.
- eropple 4y agoI absolutely have a lot more empathy for locals than I do for the yearly influx, yeah.