In essence, it's the 21st century equivalent of the "new money" industrialists of the 18th century. They weren't accepted by the established class either, and had to slowly bleed in over generations.

In fact, you still regularly hear the disparaging words "new money" today.

To be fair, flashy, tactless, and pointless displays of wealth for it's own sake is the kind of thing people are looking down upon when they use that term.

I was an engineer at a FAANG. The effects of pre-existing, generational social class are as strong there as anywhere else.

If you grew up old money, you get tapped for the best projects and will make Staff by 25, Principal by 30. If you don't have the technical abilities, they'll make you a manager. On the other hand, if you come from the rabble, you stay in the rabble--you get assigned regular grunt work and performance reviews actually matter to your future.

> If you grew up old money, you get tapped for the best projects and will make Staff by 25, Principal by 30. If you don't have the technical abilities, they'll make you a manager. On the other hand, if you come from the rabble, you stay in the rabble--you get assigned regular grunt work and performance reviews actually matter to your future.

I could not disagree with this more. I would say that tech, unlike legal, medical or other fields, is by far the most egalitarian. You can be a kid that comes from the "rabble" and make Staff/Principle if you are really good and committed.

Likewise I have seen many "old money" folks like you describe completely wash out. We had a few at my company get their foot in the door because the parents play golf with the owner. Sure they have the advantage in getting in, but once youre in if you aren't skilled technically, you're going to wash out very quick (both guys we hired were gone in ~3 months)

I think a lot of people might not notice it happen but it definitely happens and is common. And not just in FAANG's but in most companies. There are special people who, by virtue of something, end up being the "golden children" and are put on the express train through promotions. For reasons completely unexplainable if you believe in egalitarianism. You've got a team of people, and some NewGuy joins. They seem like your peer: they're at your level! You don't really know what their job performance is like. Then all of a sudden, they're Staff level, then Principal. Then the org-wide memo announcing that Executive X has moved on in their career and NewGuy is now Senior Director of your whole division. How TF did that happen? He was employee number 45519 a year ago! You can see it happen with actually-talented people and with bozos. It seems uncorrelated with how good at your job you are, and more correlated with less obvious/measurable things like your social standing, your background/pedigree, your "elite" mannerisms... it's hard to articulate what these things are when you're not part of the club, but they're there. You can see it in the way this class carry themselves: that haughty way they hold their head up, the fake but gorgeous smile, the handshakes, the similar speech patterns and word choices. It's like a secret code they share that's invisible to the rabble--like the aliens in They Live. They even all kind of walk the same way--that weird presence that is both carefree and commanding. Probably mannerisms they honed in finishing school, or in the Ivies or Stanford where they all seem to have come from. If you start looking for these things, you can squint and barely see them all over your company's leadership. There are always exceptions where one of the rabble got through, but they're rare.

This sounds wrong. Old money people are not working at FAANGs, they’re investing in them. Old money people have enough wealth where you don’t need to code in an open office 60 hours a week. That is for the working class.

The old money kids don't have to use the open-plan offices, and they usually either get choice roles (not regular SWE work, but GoogleX stuff) or directly put on the management track (since they're almost never coding for more than 2-4 years out of school). They get put in as proteges of high-level people and what they do on a day-to-day basis doesn't matter; it's more like a college major than a career, something to say they did.

You're right that they don't need to work. They do it to legitimize themselves. And, of course, to make sure any genuine opportunities go to their social class and not the rest of us.

I’ve never seen this and I’ve been at two FAANG totalling six years

Couldn’t disagree more.

In my org, half of the senior staff and executives weren’t even born in America. They were naturalized citizens or on work permits.

Not sure how those folks could be leveraging their social class in America.

The caste system is not an American social class.

a good friend of mine who worked at a FAANG expressed similar sentiments. he is the son of a taxi driver and a christian healer and a person of color. his words were "G was a disneyland for rich white kids".