Vadoff

15 ms·

91.
by Vadoff 7y ago
Short term capital gains, yes.
92.
by Vadoff 7y ago
There are people with $500k+ student loan debts in the US.
93.
by Vadoff 7y ago
I'm not planning to buy a house until after I'm married. Also, houses here tend to all be over $1M, good ones well over $1.5M. The average sold house price last month in Palo Alto was $2.76M with an average ~1900k sqft: https:&#x
94.
by Vadoff 7y ago
Prepping for algorithms is somewhat mandatory if you've never encountered those types of questions before, as you'll most likely fail without some familiarity/practice. However once you're able to do well enough on them,
95.
by Vadoff 7y ago
The data points are incredibly non-misleading. Most of the companies reported are public, and the compensation is already cold hard cash or publicly tradable RSUs (usually without even a 1-year cliff).
96.
by Vadoff 7y ago
I'm an L5 that joined a FAANG last year, and earn 440k/yr. If I counted stock inflation, it would be 500k/yr. Most people don't count stock inflation into their total compensation.
97.
by Vadoff 7y ago
Nope. These seem pretty spot on for new hire compensation. Most people don't incorporate stock inflation when reporting their total compensation. I'm an L5 that joined one of those companies last year, and earn 440k/yr. If I
98.
by Vadoff 7y ago
Public RSUs are easy enough to turn into cash. The cash/stock breakdowns are on the site. Typical L5 who earns 400k might be 225k cash/175k stock.
99.
by Vadoff 7y ago
I would say they're pretty accurate, maybe a ~5% skew toward higher compensation because of self-reporting bias.
100.
by Vadoff 7y ago
Manager since when? Maybe 6+ years ago it could've been half. I'm L5 and I earn 400k+ (I joined last year), the compensation on levels.fyi also lines up accurately to my company's compensation data group (in which individuals
101.
by Vadoff 7y ago
Just join a FAANG company that has a branch office in Europe. They'll pay a bit less, but a senior engineer should still be able to get 250k+/yr.
102.
by Vadoff 7y ago
I'm a senior engineer at FAANG, work 40hrs/wk, and get paid $400k+/yr. The cost of living is higher, but it's well under the increase in pay for being in the area. My current living situation is actually pretty cheap; I
103.
by Vadoff 7y ago
The people I've seen that fit the bill, tend to have a really strong knowledge base and are quickly able to understand the relevant code base/systems. They're then able to easily debug/optimize the system and know how to
104.
by Vadoff 7y ago
Ouch. Being an senior engineer at a FAANG would give you 800k in RSUs over 4 years (initial grant + refreshers), a staff engineer position 1.5M... considering almost 8 years of work, that's probably at least 1.5-3M in RSUs (without con
105.
by Vadoff 7y ago
Yeah $300k is probably more accurate for 3 years.
106.
by Vadoff 7y ago
$1M is nowhere near FU money, that's a joke to accumulate/spend here in the bay area. I'd consider $5M closer to FU money.
107.
by Vadoff 7y ago
Most startups I see pay at 50% discount to wages compared to top public companies not 20%
108.
by Vadoff 7y ago
It's 100k per year not over 4 years... I can assure you that these numbers are not bunk and are very real. A lot of my friends have been offered 1.2M in RSUs for L6 positions. I myself am an L5 and I got a 600k RSU grant - so I get 150
109.
by Vadoff 7y ago
Small business does not equate to a startup. It's not nearly as huge of a gamble starting a small business as most aren't pursing new ideas in unproven markets, and trying to find product market fit/scale rapidly.
110.
by Vadoff 7y ago
Maybe startups would be more desirable alternatives if they gave RSUs instead of stock options, or at the very least have an exercise period of 7+ years instead of 3 months, or not be forced to pay the cash equivalent of taxes just for exer
111.
by Vadoff 7y ago
The minimum wage in Romania is also €446/mo or $496/mo, so ~$2.86/hr. Compare that to the federal min wage of $7.25 or California's $12/hr.
112.
by Vadoff 7y ago
What do you imagine would be the incentive for users to use later-generation alternatives, rather than BTC?
113.
by Vadoff 7y ago
Sounds like you got caught up in Blockchain hype, not Bitcoin hype.
114.
by Vadoff 7y ago
You think a new Half-Life game, something which has been demanding for years by hoards of people on the internet, is narrowly targeted?
115.
by Vadoff 7y ago
You don’t have voicemail setup?
116.
by Vadoff 7y ago
Gold/Silver also tanked with the 2008 recession though.
117.
by Vadoff 7y ago
I don't get it, how come there's no outrage over political ads shown on TV? If it's a legal ad, why should Facebook police it?
118.
by Vadoff 7y ago
It's not quite the same being shown a bad door vs a bad boxer that you were told would always result in a draw otherwise. That means the other boxer is always the better one (or the car), it doesn't take into account that the winn
119.
by Vadoff 7y ago
If I had to guess, probably all the plastics we've contaminated our oceans with.
120.
by Vadoff 7y ago
https://medium.com/asecuritysite-when-bob-met-alice/the-fall...

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