Earlier quoted context omitted.
My argument isn't that it didn't take equity to get there, but that it's not intractable through "ordinary work". The big tech companies are essentially always hiring, and they're not the only ones offering marketable equity as part of the comp package. Yes, the performance of that equity can (and does) vary, but unless they're a company with Amazon's "total compensation philosophy" you benefit from the ups and the d…
there are probably tens of millions of engineers in the world, a small percentage of whom work for FAMG. yeah, no kidding, you'll make a ton of money if you work there get equity compensation. you don't say!
This suggests an interesting asymmetry that could make a lot of people very wealthy. Either they don't want it, they aren't skilled enough for it, they've found another way to achieve it, they don't believe it, or our recruiting sucks.