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Why work for a company that has a +95% chance of failure, a fraction of the cash you would make at a FANG, after 3 years at FB think the "average" hire is now worth like $3M.

Why work at a startup? Makes zero sense.

Source: Work at a startup. Have not been paid in 2 years. But I do get to go to the beach when I want. And learned how to live on nothing. :-)

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Some good points but 1.6MM/year pre tax, 840k/year after tax / 740k after expenses not living somewhere nice total comp? That's roughly what you'd need with an 8% return to get to 3MM in 3 years. They pay well but that sounds pretty far fetched. I could see 300k/year pre tax, 185k/year after tax / 85k after expenses not living somewhere nice. After 3 years at an 8% return that'd be roughly 350k... Not 3 million.

If you're getting promoted regularly you might be able to hit 3MM in 15 years, 10 if promotions went faster and you lived super cheap with 8 roommates.

That's quoting from Chaos Monkey. His numbers. Includes stock options.

You don't get to FANG with no degree and zero experience.

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