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FDIC mentioned that by Monday there will be access to accounts with 250k that is fdic protected. Does this statement take this into account?

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At my last place, my biweekly wage was over 10k, which means that at most you can have about 25 mes, and I am neither a particularly well compensated nor particularly senior engineer. There were many making more than that. Many companies have more than 25 employees.

>biweekly over 10k

>[not] a particularly well compensated

You are living in fantasy land.

Yeah, it's called the Bay Area.

$260k salary (not TC) is a lot! Median personal salary in SF is $96k.

no, it's not. very few places, much less startups, are paying $260k/year in cash after deductions to a "neither a particularly well compensated nor particularly senior engineer." Take a look at levels.fyi. They'd have to be making something like $400k base, this is pure hyperbole.

To save people the math, that's 260 k$ in cash compensation (or ~mid FAANG L6 tier).

I am confident in saying there were not many making more than that.

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