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A comment on Ask HN: How to make more than $1mn+/yr as a software engineer? (2022 Edition). Parent comment

Re:Ask HN: How to make more than $1mn+/yr as a software engi... by throwawaybbqed on Saturday January 15, 2022 @04:30PM (#29950488)
Given the current high stock price of FANGs (or should I say MANGs?), is appreciation really that likely? I'm hearing of offers for mid-career engineers with just 500-700K in equity. And that is over 4 years.
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Re:Ask HN: How to make more than $1mn+/yr as a software engi... by deanmoriarty on Saturday January 15, 2022 @07:25PM (#29951959)
The P/E ratio of most FAANG companies is not completely insane, we are not talking about TSLA. I think there are good chances those stocks will continue growing healthily in double-digit territory yoy. They are incredibly high-quality companies with tons of revenues and tons of cash reserves.
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Re:Ask HN: How to make more than $1mn+/yr as a software engi... by llampx on Saturday January 15, 2022 @07:50PM (#29952135)
Recency bias means that everyone and their mother thinks that the market will go up forever. Meanwhile don't look at cloud stocks and Ark funds since 2021.
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