If s/he works for a public company, this is totally in line with total compensation at that experience level after you factor in stock. There are many places where you can get this level of comp. Of course, your stock package has to be worth something -- this person is almost certainly not getting over $200K in base salary alone, and if they are I would echo your question -- "what do you do?" -- and add another -- "who do you do it for?"

Yes, this includes stock, which is effectively the same as cash to me since I always sell it immediately when it vests. (Not because I don't believe in my company, but just because I don't want to put all my eggs in one basket)

Yes indeed; for senior engineers base salary approaches $200k, excluding bonuses and RSUs/options. RSUs are in the $50-$200k/year range depending on many factors. The general expectation is a top-up at least 50% of signing RSUs per year each year, so as the vesting periods stack up you can end up earning more in stock in years 4+ than in salary.

YMMV on all this. A new college grad isn't going to get that kind of deal in most cases. It also helps to interview and get multiple offers. Once hired you're typically expected to work hard and demonstrate the value you add to the business.

He probably included the extra stuff, like equity, bonuses etc. and not just the salary.

Of course, why wouldn't I?

I immediately sell all the equity I get, so it's effectively the same as cash.

I am a software engineer at a top tech company.

Netflix in the Bay Area?

No, but my guess is that they pay similarly well.

My guess is that they pay much more.

Well, maybe. I really have no idea. But even if I could get a job there and make more money, I strongly prefer not to leave NYC for the Bay Area.