[batshit_beaver]

As someone currently in the process of trying to move from a cushy, interesting startup job to a soulless FAANG for that compensation multiple, the ONLY reason I'm doing it is because I have a young kid now. I wish there was another way, but it is genuinely impossible to provide a comfortable level of family life on a startup salary, unless your partner is also in tech and is ok with not being a stay at home parent.

[sadcherry]

> I wish there was another way, but it is genuinely impossible to provide a comfortable level of family life

It's all a matter of perspective, isn't it? It's basically the top 1% speaking. And you can't tell me that the other 99% have miserable lives.

> unless your partner is also in tech and is ok with not being a stay at home parent.

Stay at home parent is a choice, and a pretty expensive one. One does not have to choose that and can still live a comfortable life. Many women (and let's face it, we're unlikely discussing the man staying at home for the next 7-15 years, eh?) even prefer not to interrupt and/or basically end their careers because of parenthood.

Americans often look to Europe, claiming that these things are so much easier there, which might be true, but at least as much is it a matter of personal choice as well.

[BehindBlueEyes]

Can confirm that the 99% have very comfortable family lives, lower stress jobs, plenty family time... (based on having many lower income friends) Bottom n% is a different story, but a FANG salary is not a necessity unless your lifestyle choices and personal expectations make it so.

[quern]

I did the same for the same reason , but I moved from a soulless FAANG to a high frequency trading company. This is another integer multiple.

To my pleasant surprise, the HFT is more rewarding (not just in comp) than the FAANG was. At least for now, or that's what I keep telling myself.

[eropple]

There are other companies, too. I work at, statistically speaking, Your Phone Company, and they don't pay FAANG money but they certainly pay a lot better than I was doing at startups.

Caveat: I don't live in the Bay Area, though the Boston area isn't exactly cheap.

[toomuchtodo]

I hope it’s a great experience there, have friends in the risk/cyber areas and have heard nothing but good things.