Fair comment. It depends what you think of the market.

I'm in the UK. My summary of the British market is most devs are earning $50,000 - $100,000, with a few tier 2 and even less tier 3 companies, that don't actually offer SV level RSUs.

Basically there's not a lot of spots to "guess right".

Historically there's a large contractor market that's way more lucrative net than anything excep tier 3, of which you can probably count on your fingers.

Personally, I try to build better orgs to keep these folks happy, but each to their own. :)