>3. They think that promos (like this article), are at most only %10, while promos are more like a x1.5 to x2 of your income.

This is false on average, even at FAANG, getting promoted to the next level doesn't boost your TC that much, the company assumes that the promotion on itself is good enough prize. You usually get a better deal applying to the next level at another FAANG.

> 1. They tend to work double jobs at frankly lo..... This is also false, plenty of people that work for small companies, even being a 10X , "rockstar" , ... developer, would never get "promoted" to the next level, because , there is no next level, and the C-level positions are reserved for friends and family, and in some occasion to outside experienced executives.

30 years ago, climbing the corporate ladder was "the way" to get ahead, nowadays, people with small mildly successful SAAS businesses, consultant companies, podcasters, indie hackers etc... make way more than any Director at FAANG.

This is a very "boomer" take in general, and is also pretty cringe.