Certainly, when I burned out was when I decided to go independent. I waver between full time hours and part time hours, depending on the work/life split I'm after at the time, but it's all contract work.

Contracting has it's own set of challenges and it's distinct from a full-time job. I take on the risk and additional challenges of contracting in order to be able to manage my own time, but it's not for everyone.

I think you're right about compromise too. Working for FANG has become a bit of a social institution and I think some people get into the false assumption that FANG and startups are the only logical options in tech. If you're willing to compromise on location, salary and prestige, you can definitely find tech jobs outside of the various bubbles.