Earlier quoted context omitted.
This reads like a company from the fantasy world!
A lot of european companies are like this (in the wealthier countries at least). Even offices of multinationals tend to be like this. Work/Life balance is taken very seriously.
Ask HN: Is it possible to make FAANG salaries without working there?
521–530 of 547 posts
Re: Ask HN: Is it possible to make FAANG salaries without working there?
#522Earlier quoted context omitted.
30% less a year for 3 years is about %100 of two years. You get the bonus of getting the money upfront and you would probably get 3 month sick leave at 100% place. Money is the same.
> [heartwarming story of how money isn't everything and when life hits you hard and death is staring you in the face, you realize it's about the personal connections and love in your life that matters most] > "yeah, but person could have made a more money-optimal deal elsewhere." I mean, this entire post is about how to maximize money so I shouldn't be surprised, but this response just made me shake my head in sadnes…
I would rather have the money upfront. And it shouldn't bring you sadness, it's a reality that sadly many of us had to face.
Re: Ask HN: Is it possible to make FAANG salaries without working there?
#523>-- Are there people outside of FAANG and Big Banks / HFT firms making those kinds of monies? I'm very confident there are, but should there be? >-- if So who are they? and what do they do? A lot of times it will be things that are a lot less ethical than big tech or financial firms. >Is it possible to make FAANG salaries without working there? As to the title question, stick around and you'll notice messages from pe…
With all the layoffs over recent times there may never be another message like that.
Not a single one.
I guess you would have to look over old comments if you want to re-live the experience.
Sorry to be so misleading or hurting anybody's feelings.
Re: Ask HN: Is it possible to make FAANG salaries without working there?
#524Earlier quoted context omitted.
[flagged]
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https://news.ycombinator.com/newsguidelines.html
Edit: this has been a problem for a long time:
https://news.ycombinator.com/item?id=36668235 (July 2023)
https://news.ycombinator.com/item?id=35416652 (April 2023)
https://news.ycombinator.com/item?id=33118260 (Oct 2022)
https://news.ycombinator.com/item?id=29289394 (Nov 2021)
https://news.ycombinator.com/item?id=22863165 (April 2020)
https://news.ycombinator.com/item?id=22837452 (April 2020)
https://news.ycombinator.com/item?id=22570732 (March 2020)
https://news.ycombinator.com/item?id=22543673 (March 2020)
https://news.ycombinator.com/item?id=22543657 (March 2020)
That's not cool. I don't want to ban you, so if you'd please review https://news.ycombinator.com/newsguidelines.html and fix this for good, we'd appreciate it.
Re: Ask HN: Is it possible to make FAANG salaries without working there?
#525Earlier quoted context omitted.
If you know of some boring, obscure market niches that are also likely to be profitable, meaning the cost of customer acquisition is easily less than the profit per customer, and is scalably solved with a software product, please either share with HN readers, or at least offer to sell them to us. They say ideas are worth nothing, but not to me. If you really have some good ideas (see definition above), I would be int…
Here's one that I have dealt with personally: paying taxes as an American that lives abroad (and wants to use the foreign income exclusion) is a nightmare filled with misinformation and tedium. I don't know if this is actually a market worth pursuing, but I do know that I paid some company $500 to fill in a form for me and help figure out the process. They probably spent an hour or two on my case. With the increase o…
I am not a professional, so seek and pay for professional advice, if that is what you need. I've been doing my own taxes as an American living abroad for ~a decade. If anyone is in a similar situation and has questions, feel free to pm me. Because financial/tax advice from strangers with no professional credentials on the Internet is always a good idea. :p
Re: Ask HN: Is it possible to make FAANG salaries without working there?
#526Re: Ask HN: Is it possible to make FAANG salaries without working there?
#527It's interesting how so many people have an aversion to being a business owner / entrepreneur, and will instead put in so much effort to optimize being a well-paid employee, instead of learning how to start and run a business. These salaries listed are great salaries, no doubt, but they are not dramatically more than say, a guy running a successful local plumbing business. And the ceiling is limited as an employee, w…
Maybe people want to be developers, and not managers/CEOs/business owner/entrepreneurs?
They're completely different jobs. Why would you expect everyone to aspire to the same thing?
We don't look at nurses and say "its funny how so many nurses have an aversion to become a multinational pharmaceutical CEO"
Re: Ask HN: Is it possible to make FAANG salaries without working there?
#528Earlier quoted context omitted.
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Please don't break the site guidelines like this, no matter how wrong someone is or you feel they are. https://news.ycombinator.com/newsguidelines.html Edit: this has been a problem for a long time: https://news.ycombinator.com/item?id=36668235 (July 2023) https://news.ycombinator.com/item?id=35416652 (April 2023) https://news.ycombinator.com/item?id=33118260 (Oct 2022) https://news.ycombinator.com/item?id=29289394 (…
Re: Ask HN: Is it possible to make FAANG salaries without working there?
#529Earlier quoted context omitted.
I get that, but if you’re trying to get a job at one of the best paying companies in the world, is the stress level actually that different? And there are plenty of examples (search on HN for them) of people running one person internet businesses and making a healthy living.
It is not about stress. You are asking to pick between a) do same job at a different company for 2-3x income, or b) learn to do something different for a chance of smaller/same/or bigger income than in the previous case. First option requires passing somewhat stressful interviews and then it is all familiar territory. Second option has more unknowns.
The most you'll ever make at a job is based on one conversation you had months or even years ago. Your income will only ever increase at steps every 6 - 12 months and, in the best case, linearly and in the worst case never increasing beyond inflation.
With a business, yes your income may be stagnant or slower, but your income isn't capped, can change rapidly, and can change on a dime rather than waiting on the next review cycle or whatever.
If you have the stomach for it, a business will long-term always give better returns for your work than a job.
Re: Ask HN: Is it possible to make FAANG salaries without working there?
#530Earlier quoted context omitted.
Imagine if this app was B2B instead of B2C, or if it pivots to B2B in the future, or if it's acquired. Imagine also future passive income with little maintenance. And his project seemed like a side project written over a few months. Still risky, but the expected value is comparable to a stint at a salaried job IMO, once you find a decent market opportunity. Not to mention the qualitative value of self-employment, and…
> imagine if We can play this game all day, but the fact is somebody put a ton of work into a project and made about what they could have made in a month at a FAANG. Pretty crappy trade off.
Not really. FAANG people have to show up to get that salary. It's not apples to apples to compare this to salary because the app was built once then continued to make money without additional work.
Salary requires constant effort and work. I will take working 60 - 80 hours for a week to make $40k over working 320 hours to make the same.