Perfect TC, remote job, but I want FAANG: am I crazy?
I was a very early employee at a startup that was fully remote from the beginning. The startup did well, and now my comp is pretty high, ~800k. The 800k is based on the last preferred share price (Series E late stage), so a big part of it is still illiquid, but my base of 250k is pretty good and I have been able to cash out some of my equity as well through buybacks the company offers for early employees (last year’s W2 was around 900k). So not totally illiquid.
I live out of state and fly one week every couple months to the head quarter in the Bay Area. My living expenses are 30k/y (yes, you read that right): I share a nice 1bd apartment with my gf for 1k (split in 2) and spend about 2k a month for other discretionary expenses. I’m a pretty frugal person and the cheap location helps.
I am a productive engineer but my work has become very boring, I can barely stand it and feel like I’ve been here too long and stagnating (4 years), so I recently interviewed with FB and got an E5 offer (190k base, 15% bonus, 600k equity/4y, 100k signon) which seems fair for my 8yoe, but it’s tough to move to the Bay for a lower TC.
What would you do?