>However, if you don't get into a FANG, it's not the end of the world. You might still be able to find another job at another software company if you're lucky. As the years go on, it'll be harder to get job due to the rapidly increasing supply of engineers.

And the great thing about FAANG is that it's only easier to get in as you gain more experience. You're not screwed if you don't get in as a new grad or junior.