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I've been in the valley for ~20 years, and I've only made money on my options once, about $250k on a company that had already ipo'ed a year before I joined. Th
by steven2012 12y ago
I've been in the valley for ~20 years, and I've only made money on my options once, about $250k on a company that had already ipo'ed a year before I joined.
That said, my wife and I earn a combined salary of just over $500k/yr, and I much prefer this to stiking it rich via equity.
- mmcconnell1618 12y agoDo you mind if I ask what types of jobs you and your wife have? I don't think many software jobs pay $250k unless you're upper management. Physician or legal partner maybe? Even with dual incomes $500k seems like an outlier but maybe I'm wrong.
- deleted 12y ago[deleted]
- patio11 12y agoRecalibrate your expectations of Valley pay in engineering positions upward. $250k is not outlandish in total comp (base + bonus + RSUs) for a 30ish engineer at AmaGooFaceSoft. If anyone wants to take bets on when that's a reasonably achievable starting salary for a new Stanford CS grad my money is on 2020.
- stephencanon 12y ago... and grandparent has "been in the valley ~20 years", so adjust upward from the 30ish engineer figure.
- smeyer 12y agoI knew a Harvard CS grad with starting salary at AmaGooFaceSoft of (base+bonus+RSUs) of between $200k and $250k, so I'd take the under on 2020 if we're willing to take the upper end of reasonably achievable rather than the standard offer at the big places.
- drewg123 12y agoFor a senior, non management, engineer at one of the big companies in the vally, 250K in total comp is pretty common.
- deleted 12y ago[deleted]