5 years of product development for lower ARR than a standard FAANG salary is not a great way to make money.
EDIT: I am just commenting on "people using their expertise to make money". I have done many side projects but money isn't the primary motivator for me.
I quit a AU$300k job almost exactly 2 years ago to work on my ‘side project’ full-time. My partner too: it’s our only income.
I earn perhaps 20% what I used to. We just quit our lease and sold all our stuff so we can live in a cheap country for a while. I’ve never been poorer. I’m 48.
It’s the best decision I ever made. I pity you fools at your FAANG jobs. Because I know how unhappy you are.
> It’s the best decision I ever made. I pity you fools at your FAANG jobs. Because I know how unhappy you are.
I think you might be projecting to try not to feel bad for your life choices. A telltale sign is the way you try to claim every single engineer employed by half a dozen companies is unhappy. This is obviously unrealistic. I personally know quite a few of them and they are having the time of their life. Keep in mind that you hear far more reports from those who quit/were fired than from those who are happily chugging along in their role.
Internet psychoanalysis based on "telltale signs" is just seeing what you want to see especially if you're responding to a perceived personal slight. The people telling you they're having the time of their life also might be projecting to try not to feel bad for their life choices.
I didn't read OP's comment as "every FAANG employee is miserable". That's uncharitable but easier to fight than the more realistic one that those people might be in a "golden cage". The "wolf and the dog" fable above is impressively accurate.
> Internet psychoanalysis based on "telltale signs" is just seeing what you want to see especially if you're responding to a perceived personal slight. The people telling you they're having the time of their life also might be projecting to try not to feel bad for their life choices.
Not really. I've worked at a FANG for quite a few years and I can tell you from my own personal experience that in many ways it was the best job I ever had. The misery imagined by OP has no bearing in reality, and screams projection. I see it a lot, sadly. People are desperate to get in and when they don't then they resort to shit-talking things to try to make themselves feel better.
They are having the "time of their life" sitting in a desk chair at a corporate office. It's not the same as what the parent poster is describing -- which is presumably traveling and exploring the world. Try asking the younger generation which is the better job.
> They are having the "time of their life" sitting in a desk chair at a corporate office. It's not the same as what the parent poster is describing -- which is presumably traveling and exploring the world.
Is it though?
The FANG engineers I know have been leveraging internal transfers to relocate abroad to places like Madrid, Milan, Amsterdam, etc. Not to mention business trips abroad for all kind of things like hiring events.
> Try asking the younger generation which is the better job.
This is not a generational thing. This is about objectively comparing jobs. Accusing each and every single FANG engineer of being miserable whereas a random low-paying role is the envy of the world screams the fox and the grapes.
There are definitely a lot of FAANG engineers who are not unhappy and miserable with their lives, they are gainfully employed and live rich fulfilling lives providing abundance for their families.
In contrast I know plenty of people who quit jobs and are now working way harder to earn less at the expense of those around them, resulting in broken homes, divorces, and all around miserable lives, all pinned on the hope they will get their big break and it will all be worth it. They are very pathetic but can’t see it because they are so wrapped up in some foolish idea that isn’t going anywhere.
Except you’re not free, you’re bound by the constraints of how much money you have, which isn’t much.
And traveling the world is a bit overrated. It’s cool to change scenery, but at the end of the day, you’re just doing the same work you always do, just in a different country. You’re just running away from the fact you have nothing worth settling down a bit for, no where to truly call home and invest in a local community, just a drifter chasing their next hit of stimulus. Eventually, you run out of truly novel places to go. You’re not giving back to a community and making your mark, you’re just leeching off the lifestyles built by people who chose to settle in one place. If everyone was a traveler, there wouldn’t be anything worth traveling to.
I like changing the scenery a lot but I disagree that it makes me a bad or immoral person. Most people do not want to leave their country. Some people do and that benefits local people through tourism and retirees. The system is working out well for developing countries. It helps them develop faster.
Do office workers do anything to help other countries develop? Or does all their effort go towards making their rich friends richer?
Nothing beats the freedom and fulfillment of owning and operating your own business. A job at a FAANG company with a high salary is so overrated. I know, since I have worked in multiple FAANG companies over the last 12 years.
I also love side projects and have done a few. What I was commenting on is "people using their expertise to make money". For me it's more of the opposite. I could have earned way more in traditional things but I do side project because I can select what I want to do.
You make that salary only if you physically live near Silicon Valley, or some other HCOL areas where FAANG have offices. And guess what? The world is bigger.
True, and the author also said that they are working with a 20 person team. But looking at those growth projections they will likely double in a few years.
EDIT: I am just commenting on "people using their expertise to make money". I have done many side projects but money isn't the primary motivator for me.