On: Bootstrapping Calculator: Do you have enough savin...

[lifeisstillgood]

But ... I am having to readjust my understanding of "the market"

Ok so is this just the global tech firms, who have a 1-2 billion user base so every good and bad software decision gets multiplied by a lot of zeros and it's worth the cost.

Or is this a function of tech firms in the valley - a function of supply and demand (plus house prices)

Or are the non global reach tech firms also having to join this bidding war - this is the part I have trouble believing

I have worked for the past several years in a major US bank - and I do very well for a UK contractor - but no where near this well.

And I am not noticing that there are people on a large multiple of me as a daily rate. I am sure there are but this seems ... common ... at FAANG

In short, Do I move to silicon valley and get any job, do I apply to Google any location or do I just wait for the rest of the world to catch up?

[lifeisstillgood → lifeisstillgood]

I am unsure that my rant above was helpful - I needed to seperate "why don't I get the cash" from "is this an indicator of something important"

So I think my main question is, is software eating so many jobs that it is reasonable for a "mid level" software dev to capture so much of the cash, or is this a function of specific tech firm structures (SV scarcity, amazing stock options right now, etc)

Looking at the levels.io site it indicates that there is a massive FAANG/ non Faang gap - so I think the later might be accurate.

But it is a scary thought for any company competing for talent ...

[badfrog → lifeisstillgood]

FB and Google pay the same for all their US locations and significantly less in non-US locations. Most non-FANG companies, even in SV, are not close on comp.