Margins are low. Workforce is demoralized. Lots of talent out in the market. Between 2015 and mid 2022, give the insane amount a FAANG employee could make, there was little to no incentive for top talent to go for startups. FAANGs were sucking up talent by the 10s of thousands each year. Now small dollar investments can make a go for it given the abundant talent. Eg: a former FAANG L7 took up a role in a startup for $190k base plus bs paper money. TC 440k Yoe 15 #google #meta #microsoft #amazon #apple
Someone is sour? FAANGs were startup once. Then they figured out that paying engineers well have a solid ROI.
What is this negative obsession with faang.
Is there any evidence that FAANG salaries have reduced? No way. They still pay a lot
FAANG when startups also paid well. Every tom dick and Harry startup behaving like next FAANG in this market is BS. 99% are going to be shut down and every startup thinks they are among 1% and at FAANG level.
Margins are low… CEO or shareholder detected. Nobody believes that bloated lie
Unless there's better way to do search, gather, communicate or stream, these FAANGs will be kings for sometime
Yes
Yes I'm going to government so I don't have the sword of Damocles hanging over my head. The pay is way less but no one will page me at 3 am.
Problem is faangs can leverage stock as added compensation. Some people might go to startups but not people that want a more stable income that doesn’t bet on the company finally hitting an IPO
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Women, help me understand why this is inspirational
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Modi is a legend, will be remembered for centuries to come
Gonna run away in few months when market opens up.