These guys have massive resources at their disposal, and they will crush a handful of 10x'ers if that's what it takes to get what they want.
For goodness sake, Facebook has a bolo list complete with real-time location tracking. Writing "F--- you, Mark" will land you on that list [1]. They view themselves as a quasi-government [2].
If we don't act through Congress to control powerful groups like Facebook, our personal and professional lives will be less free and less fulfilling.
[1] https://www.cnbc.com/2019/02/14/facebooks-security-team-trac...
[2] https://www.vox.com/the-big-idea/2018/4/9/17214752/zuckerber...
Your points about moving and college have nothing really to do with the discussion at hand - do they? If staying in whatever place you are is what you wanted then good for you. Many people don't like where they grew up or the people they grew up with. I'd also hesitate to imply that your experience with a high school only education and the employment opportunities that came up is going to be anywhere near common.
The points about moving and college are about people shaping their entire lives in such a way to be successful and meet their goals. The landscape might change a bit, but people don't stop being willing to hustle and adapt to the changing landscape.
I think probably the best thing that happened to me is I didn't have all of these mythologies about what I was allowed or capable of accomplishing drilled into me by the standard path that most people take. I imagine if you've invested your whole life in the understanding that the way to "make it" is to graduate from a top tier university and take a very narrow set of employment opportunities, it would be hard to escape that mental prison. But that's all it is. The hiring committees at FANG might reinforce that mental prison, but you don't have to deal with them. If you went the conventional path and got those fancy credentials, it's not like it will be harder for you to make it out here in the non-FANG world than it was for me. It'll probably be easier.
If you were able to save a percentage of your income, then that percentage is going to result in a higher amount for the FAANG salary.
An example, is buying a house.. and rent pricing reflects purchase price.
If you buy and pay off a house, you have "spent" that salary in both locations. However, when you retire, you have property worth a LOT more in SV.
So while the "take home" pay, after expenses is the same with 150/400, the equity is massively different.
Instead, consider the set of jobs offering at least half of a FB salary. Choose the one that seems most delightful and liveable. It probably won't be Facebook.
(How? Cut your spending to the bone. There's more to life than money.)
It isn't just supply that is global but also demand. If you demonstrate exceptional value relative to supply globally, then buyers of your skills must also compete globally.
Proximity might have been valued so highly that it felt like you were only competing locally, but I think this was just an illusion. You've always been competing with global labor.
The hiring committees would throw fits if they had to consider hiring even the upper-end of talent in non-competitive markets.
These committees could be in for a reckoning if businesses realized they could be just as effective with mid market talent, because truthfully, not every problem that needs to be solved at a FANG needs a top 1% best-of-breed, (for example) 15+years-of-GPU experience engineer. Not every problem demands niche, hard-to-find specialty.
I think this hits on a very real signal that is sent by someone being willing to relocate cross-country for work. I know people from college that moved out to the coasts to work for big name tech companies. They were probably "above average", but none of them were terribly noteworthy.
The thing they were willing to do that the rest of us weren't was uproot from the midwest and go to the coast.
That's a signal that you're willing to tie your self worth to your job in a way that is very valuable (exploitable) to a company.
> not every problem that needs to be solved at a FANG needs a top 1% best-of-breed, (for example
I honestly can't tell if you're joking or not. The wording in the first sentence is that of someone being sarcastic, mocking the people who would actually use such language and/or expect such things. But the second quote sounds like you're being serious.
The difference between people living in high COL areas and low COL isn't how much they hustle. Some of the best people I've worked with are living in low COL areas, including one I was praising just recently for being a role model for others.
As a side note, if you're doing 100 hours of work a week, you're almost certainly doing a bad job at all of it. With the exception of a small subset of people, it's been shown that work quality decreases drastically when working long hours (for all the work being done, not just the work past the normal hours). Expecting your workers to put in those hours means you're aiming for sub-optimal, low quality work.
The broader point with the first quote: People living in LCOL areas don't pull out all the bells-and-whistles to signal how absolutely amazing of an employee they'd be. Why? Because it doesn't matter in LCOL areas. If you went to a town in the middle of nowhere, and held everyone to the Leetcode hard bar, a smaller proportion would pass than in Silicon Valley. However, the hiring bar is lower in these areas as well -- therefore, one doesn't need to practice leetcode to secure employment in LCOL areas.
Re side note: I didn't say people do 100 hours of leetcode in a specific timeframe (one week was mentioned, but the GP comment didn't suggested that). Typically, interviewees Leetcode in preparation for FANGs. This preparation is done typically over a period of months.
It's more than tech work that has drawn people to SF, and that combined with supply restrictions that also aren't driven by the tech workforce have kept prices high since before the tech workforce showed up.
The former are going to be fine either way.
The latter are in for a rude awakening.
Many companies have a hiring restriction that requires candidates to live near their offices so that they can physically appear for work. This of course constrains the labor pool which artificially inflates salaries. This is of course exacerbated by the fact that in The Bay Area housing itself is also constrained, which multiplies the cost increase on local talent.
In any auction the selling price is not the value of the item to the winning bidder, it's the second highest bid plus $1. If you move to a LCOL area the competing offers are all going to be garbage unless you can find a second high-paying company to extend you a remote offer (which may or may not happen, depending on how widespread remote work becomes). Facebook has no reason to unilaterally raise their bids unless you can secure good competing offers as leverage.
You need leverage to make demands and the best way to have leverage is to have competing offers with similar or higher numbers. If more higher paying companies are open to remote work, then you can play that game, but if your only competing offers are from local companies who pay crappy non-tech-hub salaries then Facebook is just going to call your bluff when you ask for more money. It's still an open question how the future is going to pan out.
Every time I read comments like yours on HN, I become more and more hopeful about my future. I'm not in a bad place right now, that's for sure – but it looks like it's going to get a lot better.
Of course it's not 100% guaranteed, and if you acted as if people you mentored owed you something they would just resent you anyways. To butcher a metaphor, when I changed from being a shooting star super-developer to a rising tide that raises all ships, that's when my income and opportunities really took off. When I stopped caring about getting credit for everything I touched. When I started doing everything I could to help others in their career, mine really took off.
You might more successfully argue the benefits of bay area weather. But those arguments are harder for Seattle or NYC.
But I don't think saving that money would be worth the long term cost of moving to a place where I would be overpaid for my experience level. I might get lower raises, and I think I would have a hard time getting a competitive offer as a remote worker.
The calculations would change if I had a family. I'd be be able to afford a really nice house in the state where I went to school.
And you're potentially causing yourself a nice future tax issue.
This leaves me with exactly two addresses for location, one for shipping things and one for "The state in which you reside". Residence is a legal thing, you can travel and be nomadic while maintaining your resident status within one or more particular states.
I've been working remotely for 10+ years like the parent comment, and it would make a very interesting impact on my tax history if what you both are saying holds any water.