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Ask HN: Is it possible to make FAANG salaries without working there?

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Re: Ask HN: Is it possible to make FAANG salaries without working there?

#142

Earlier quoted context omitted.

Sometimes money is really not the only variable, unless it's a very large amount, say half a million. For people with family, I believe a good insurance plan and flexibility in hours also mean a lot. Especially hours.

> For people with family, I believe a good insurance plan and flexibility in hours also mean a lot. Healthcare is one of those things that's a perk in the US, but is not such a big deal in most western countries. Hopefully the US will be able to benefit from that someday.

Healthcare isn't much of a differentiator in the kinds of jobs being discussed here. Pretty much all of them will have good healthcare plans that are as close to free for the employee as the IRS and insurers will allow.

You still have to interact with the insanity of the American healthcare system, but you're not being financially ruined by it.

Re: Ask HN: Is it possible to make FAANG salaries without working there?

#143
post #127

I know this is a tangent, but, and I'm putting words in your mouth, is it so important to earn a FAANG salary? And yes, I know, it helps with negotiating salaries but that's circular. Maybe that's just the state of the job market, no desirable jobs left, only thing we can hope for is a high salary?

if one lives in a HCOL area and does not have family to pay for their living situation, the choice can be move to another state or get a FAANG salary. Getting rent raises that are 1000% higher than annual salary raises, childcare costing like renting another apartment each month, per child, has become the norm Spend enough time in a major US metropolin and you figure its about 50/50 people with very high income, and…

As someone who lived in SF on around 90k a year, I am doubtful this is true even if that was a few years back.

Re: Ask HN: Is it possible to make FAANG salaries without working there?

#144
post #125

Earlier quoted context omitted.

Layoffs are not the primary risk of being an employee at a gambling company.

I would be worried about organized crime. All sorts of sketchy things go on. The only sports event at my Uni where I wasn't able to photograph was college tennis because they have a problem with people past-posting on college tennis: https://en.wikipedia.org/wiki/Late_betting On one level I can understand the thrill of having some money riding on a game but I am baffled by the prop bets. Fixing a whole game is not so…

Gambling itself is sketchy but legally hired employees especially developer-level have to be somehow protected from the decisions of the business, no? Unless you're worried about the crime itself (as in somebody might threaten you personally and send you to a hospital kind of thing) and not prosecution.

Re: Ask HN: Is it possible to make FAANG salaries without working there?

#145
post #24
post #4

Are you counting the $1m in options as compensation? If so, plenty of startups will offer you that.

Sure they can offer it on paper, unsure if it'll be worth anything in four year or even four months. At least with FAANG you know barring cataclysmic events It'll be valuable down the road.

if you think the company's stock is worthless then you shouldn't expect them to be successful enough to compete with FAANG on salary

Re: Ask HN: Is it possible to make FAANG salaries without working there?

#146
post #97
post #91

Earlier quoted context omitted.

> respectfully I think you mean "respectively"

You are right! Though I do have immense respect for those languages - not love, but respect. The way one respects a grouchy aging tiger. Not extinct, its ilk will be around forever, and I don’t want to be the one caring for it.

Your comment reminded me of a certain other tiger that one might want to be careful around..! https://www.gocomics.com/calvinandhobbes/1987/05/26

Re: Ask HN: Is it possible to make FAANG salaries without working there?

#147
Two tried and tested methods, neither guaranteed of course.

1) Be better than the overwhelming majority of your peers, and be noticed for this. You are quite likely to find interesting opportunities come your way. I do mean overwhelming though - small fraction of a percent.

2) Specialize in something most people can’t or won’t do. This includes difficult, obscure, and unpleasant work.

In both cases some of the biggest $ comes from independent consulting, once you’ve built up a network and a reputation for fixing a particular pain point corporations have (bill for value, of course).

Re: Ask HN: Is it possible to make FAANG salaries without working there?

#148

Earlier quoted context omitted.

Shopify’s salaries are nowhere near competitive. No clue where you got that from. I encourage the downvoters to provide evidence to the contrary.

Maybe for Canada.

I say this as a Canadian living in Ottawa, their salaries are not good.

Re: Ask HN: Is it possible to make FAANG salaries without working there?

#149

Earlier quoted context omitted.

You’ve piqued my curiosity. What would you say is the primary risk of being an employee at a gambling company?

I have no expertise here but I'd guess changes in legislation torpedo'ing the business model is probably a big risk.

All startups are probably way more risky. Law works against gambling. Entire market works against startups.
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