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Whenever I read these "I was at <faang> for 20 years and am now leaving" it always translates to "I have become unreasonably wealthy, mostly due to the company
by NotAnOtter 1y ago
Whenever I read these "I was at <faang> for 20 years and am now leaving" it always translates to "I have become unreasonably wealthy, mostly due to the company itself N-tuppling in value. And now after 20 years I don't need or care to have a day job that requires me to show up when I don't feel like it."
- kardianos 1y agoThat's not what Ian said, and he always says what he means.
- _qbxi 1y agoIt's possible for Ian to mean what he says, while also missing additional context (high net worth) that changes the perspective of the reader.
- ryandrake 1y agoI'm sure people who have worked at FAANG for 20 years aren't starving in the streets, but you don't know enough about their financial situation to predict whether they are "unreasonably wealthy." How much of their salary went straight in to their landlord's pockets? Towards student loan interest? Towards health issues, childcare, or taking care of extended family members? Maybe they tried investing and lost money. Heck, maybe they just prioritized travel over saving money, or something. You can't just assume someone has F-you money just because they worked for 20 years.
- abxyz 1y agoAnyone at Google from 2005 to 2025 is a multi millionaire many times over based on stock value alone. Even a savant at squandering money would struggle to come out of 20 years at Google without unreasonable wealth.
- engcoach 1y agoIt only takes a spouse with a personality disorder and a divorce to change the calculus.
- gwd 1y agoPeople who are bad with money are bad with money, no matter how much money they have. Look up the financial problems Judy Garland and Johnny Depp have had, for instance.
- sgammon 1y agoSquandering great wealth requires great wealth in the first place
- gwd 1y agoSure, but it's often the case that if you squander a small income you'll squander a large income. Obviously nobody can live in Silicon Valley on $10k/year; but if you find yourself struggling to stay within your means with $50k/year in a typical town, you'll find yourself struggling with $500k/year as well.
- spacemadness 1y agoFor the most part, yes, yes you can.
- NotAnOtter 1y agoI half-typed a longer message but when it came time to actually do math assuming some averages for annual saving, interest, google stock growth, etc. I decided it wasn't worth the effort. You wrote me original message with less words
- Aurornis 1y ago> How much of their salary went straight in to their landlord's pockets? Towards student loan interest? I don’t think comments like these really understand the incredible value of FAANG comp over the past 20 years. People who got and kept these jobs had a true golden ticket. Paying rent and student loan interest are a rounding error. These were not normal jobs in normal circumstances.
- sgammon 1y ago> You can't just assume someone has F-you money just because they worked for 20 years. At Google? You can. Or they spent it all, in which case the point still applies.
- ikiris 1y agoDude you have no clue what you’re talking about. I used to love when I’d see him as my reviewer because somehow he had the code reviews back in minutes and was always great to work with.
- kridsdale1 1y agoThe main reason I’ll quit Google one day is the feeling people have that code reviews can sit and wait for many days. I grind to a halt. So what you wrote is the most shining endorsement in this whole discussion.
- neilv 1y agoThere's the fact that they almost certainly don't need to work another day in their life. But they probably haven't for many years. So their reasons for choosing now to leave are probably a bit more interesting not wanting to show up if they don't need the money.
- laidoffamazon 1y agoYou’re forgetting that they also want the adulation that comes with leaving and everyone singing their praises. My dad and before him my uncle “retired” from tech at ~61 too, neither didn’t wrote a blog post
- Cthulhu_ 1y agoI'm reading something else; I think they would have been financially secure, if not rich, for the biggest part of those 20 years already - if they weren't, during the boom times they could've jumped ship a dozen times over already. Very, very few people actually work for that long for a tech company these days, at least in the IT sector in Europe.