Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire
by WJW on Thursday March 09, 2023 @06:30AM
(#35080259)
I think you focused too much on the "FAANG" part of my previous post and not enough on the "odds" part. Let me rephrase my previous point:
A "normal" career, whether in FAANG or in the less flashy parts of the industry, has a vastly lower variablility than the startup route with the same or higher expected value when measured over a few decades. Don't get fooled by the marketing posts that feature only successful founders while ignoring the mountain of failed startups that cost their early employees millions in opportunity costs.
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Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire
by ghaff on Thursday March 09, 2023 @08:22AM
(#35080886)
There's this certain FAANG vs. startup dichotomy in this thread. There are a ton of IT-related jobs that pay very decent professional salaries (in not necessarily the very most expensive locations to live) and have interesting --if not necessarily cutting-edge--work. A ton of people are just fine with that.