61–70 of 241 posts
Earlier quoted context omitted.
Yes, I saved a lot. About $1M in liquid assets. But I meant that I'll start with no income, no product, no business. I'll write another post about how I set up my safety net.
I know you're looking for attention or validation, but I have a feeling you'll probably get more negative attention than positive when you seem to be equating having $1M in liquid assets to "starting with no income, no product, no business".
Yes you can still be miserable with a ton of cash but I'd rather cry in a Corvette than on a bus. Hoping to see a follow up post from OP after they've gained some perspective.
My spidey sense tells me the op just needed a reality check, a long vacation and some introspection.
Earlier quoted context omitted.
Yes, I saved a lot. About $1M in liquid assets. But I meant that I'll start with no income, no product, no business. I'll write another post about how I set up my safety net.
I know you're looking for attention or validation, but I have a feeling you'll probably get more negative attention than positive when you seem to be equating having $1M in liquid assets to "starting with no income, no product, no business".
> I made $75K in my first year and that gradually grew to $511K by my last year. Wow, I'm envious of this rate of internal raises. Is this consistent within Amazon's culture, or other SV companies? I've found (in the small-town Midwestern shops I frequent, not in the FAANG bubble) that I have to change employers to do better than a token 3-5% annual raise, even if my value to the company is increasing much more quick…
Author here. I got a big bump from $230K to $396K in 2016 when I got a competing offer and Amazon matched it so that I wouldn't leave. From then on, the growth from $400K to $500K happened because the AMZN stock nearly tripled in that time frame.
Earlier quoted context omitted.
You don't need income with $1M. If you chuck that into an index tracker you can safely withdraw $40k a year...
Author here. My expenses are more like $150K a year, so my runway is only a few years. I have a family, two small kids (4 and 2), and live a comfortable life in Seattle. I could obviously adjust my standard of living, move somewhere cheaper, etc, but I didn't want my family to have to change anything from this experiment I'm doing with my life.
What kind of companies pay software engineers 300k+? Is it realistic to make 500k-1 million+ at these companies as a developer? What sort of title/level are these developers at? How much is it in stocks/rsus vs salary at that point? Can someone lay out a traditional example at this level? What skillsets do these people have?
Ideal autonomy is getting corporate patronage to mange your open source project.
Earlier quoted context omitted.
You don't need income with $1M. If you chuck that into an index tracker you can safely withdraw $40k a year...
Author here. My expenses are more like $150K a year, so my runway is only a few years. I have a family, two small kids (4 and 2), and live a comfortable life in Seattle. I could obviously adjust my standard of living, move somewhere cheaper, etc, but I didn't want my family to have to change anything from this experiment I'm doing with my life.