Just curious how many NEW people with 1m+ TC in 2021 and how much price they can drive for the realistic market in the bay area or Seattle or NYC. Some rough estimation: 1. 25% of the FAANG E6+/ICT5+/principal/?/staff+ due to stock appreciation. Not sure the number, likely 10k+ people? 2. IC5+ people joined medium size companies before 2020 and enjoyed great stock appreciation, e.g. snap/pinterest/square. Probably some other companies. There are like 5k of them? 3. There are 20+ companies IPOed and with great valuations boost. In average 25% of them can get 1M+ TC? So 500 x 20 = 10k? Some data points: * Snowflake likely 3x+ valuation * abnb 3x+ for people joined before 2020 and 5x+ for people join in late 2020. * doordash 4x+ * c3 5x+ * roblox 7x+ for people join before 2020 * instacart 2x+ at least * robinhood? * wish? So roughly 20-30k NEW people with 1M+ TC in 2021? YOE: 8 TC: 500k #doordash #airbnb #faang #c3 #roblox #snowflake
Sounds like an answer to some interview question. Something like “how many potholes are there in New York?”
Definitely less than number of a**oles🤔
Everybody in tech🥰
Qualcomm pays that much now? 😳
Yes! CEO makes 1.1M!
Seems super low
The estimation is too low?
Remember.. When they go low, we go high!!
In last 10 month one section of the society has increased wealth multi fold and there is a section which barely made through. Sad!
The section that barely made trough still has access to Google, YouTube and thousands of free resources that can help them get into IT. Just saying...
I know people in tech who were let go and struggled to find a job, I don’t think you can except someone who has been, say a barber all his life to suddenly make a living out of something completely new.
Dude you have 500k TC. Wtf are you still doing on blind and estimating people’s salaries? Go get a life.
Lol. Replace "go get a life" with "pump those rookie numbers up" and your comment will make sense
Lol
If only OP puts up such effort in estimating my Uber Eats delivery!
Sorry I left already. I probably knew 20+ people in eats but they all left.
So much attrition
🧐OP, if your ex company’s stock double in 2021, you can add a few k to the total
Sounds about right.
Roblox isn't 7x. Based on my research Sr SWEs joined in 2019 are still going to make 450-500k after IPO
Are you sure?
Yes go ahead and read 2020 threads
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This guy estimates
Ok next question: how many balls can you fill in an airplane?
Deez nuts