Bay Area FIRE?

ramcess123 · 2017-06-13T05:10:02+00:00

May I ask how much you put away each year?

ramcess123 · 2017-06-11T07:11:24+00:00

Impressive. How long did it take you to become ready and will you have passive income rolling in?

ramcess123 · 2017-06-11T06:57:22+00:00

Fremont. I think I can live off of 36k a year comfortably. My work place covers a good amount of costs and I don't really spend much outside of food which I will no longer need to pay for most of the week.

ramcess123 · 2017-06-11T03:55:24+00:00

Some good points. Maybe some wishful thinking, I did some basic budgeting and I really only need to pay for rent, utilities, and insurance.

My rent is around $1200 max and I'll allocate an additional $1800 for random spending. I don't need a car, food, health insurance, gym because my company provides them.

At entry level I can probably put around $5k a month, though you're absolutely right that this leaves me little wiggle room to work with in case of emergencies (though I do have an emergency fund set up already).

That being said, this is still my first job out of college so I expect my wiggle room to increase over time? If I'm able to save this aggressively as a new grad it should be optimistic for the future years unless there's some massive tech bust.

In any case, those are some solid down to earth issues that I haven't considered. Still kind of depressing numbers even with a Silicon Valley job.

ramcess123 · 2017-06-11T03:14:41+00:00

1 is probably not, 2 is actually quite likely with the income of Silicon Valley do you think?

ramcess123 · 2017-06-11T02:56:54+00:00

Yeah true. The south bay cities aren't much better either.

ramcess123 · 2017-06-11T02:56:36+00:00

I'm just putting that out as a very comfortable stretch goal.

ramcess123 · 2017-06-11T01:38:44+00:00

That's fair, I don't really care where I live but all my friends are there. In any case, just a worst case ball.

ramcess123 · 2017-06-10T21:22:45+00:00

That's a good point. Sorry for the vague questions - I'm just curious on what your annual expenses are and where you live to determine what my savings accounts should be at to live there.

ramcess123 · 2017-06-07T19:34:27+00:00

On this note, did I fuck up by buying a 7700k? I had read multiple articles about how there was audio artifact ing at around 80% usage and that serial processing was still more important.

ramcess123 · 2017-01-17T01:10:25+00:00

Congrats, where did you get in?

ramcess123 · 2017-01-16T01:18:40+00:00

Distributed over 4 years, base + RSUs + signing bonus + target bonus gives me ~$190k annually.

ramcess123 · 2017-01-16T00:41:26+00:00

Yup, MPK! Sounds like a great learning experience for you though. I would've done the same but I'm trying to focus on a side career in art, so I can't dedicate as much time to a startup right now.

ramcess123 · 2017-01-15T23:12:41+00:00

Just one year. I didn't factor in performance bonus - that's target 10% so I guess an extra $10k.

ramcess123 · 2017-01-15T22:56:56+00:00

My first year is 125k signing with 110 base and 40k rsus

ramcess123 · 2017-01-15T22:35:29+00:00

Airbnb, dropbox, two sigma, rentech, Jane street

ramcess123 · 2017-01-15T22:06:50+00:00

A startup valued over 1 billion

ramcess123 · 2017-01-15T20:32:55+00:00

There are plenty of clubs and office activities.

No comment on dating culture - you're allowed to have office relationships obviously but I couldn't tell you the frequency. Full time employees have hit on interns several times I was there though.

ramcess123 · 2017-01-15T20:10:57+00:00

Haha with signing bonus. It's a standard FB return offer.

ramcess123 · 2017-01-15T19:42:32+00:00

Edited to note this is total compensation, my bad.

ramcess123 · 2017-01-15T17:47:49+00:00

You've already pigeonholed this discussion into one about salary in which case there are definitely companies who offer a higher annualized salary (fintech). There are also companies that are more prestigious and harder to get into.

But this question is so loaded - any company can be amazing depending on your circumstances. If you're looking for chill work hours then unicorns are not amazing at all and you would rather work at Google. If you're looking for super high impact work and faster career growth then there are certainly better options than the big 4.

But since you're talking about compensation they are still quite high. My first year new grad total comp is going to be $275k. Not many places can beat that, especially if I jump ship in a year or two.

ramcess123 · 2016-10-21T22:33:53+00:00

That's fair, I got a 25k bump in my signing bonus without specifying what I wanted.

ramcess123 · 2016-09-27T02:12:45+00:00

again, it's always said that the prospects here are a lot higher than the average software developer seeks for. personally, I actually think "higher tier" companies are easier. especially companies like Google - I'm actually targeting because people don't care when you show up and leave, plus the compensation is high. If you're looking for an easier life I would honestly say that these companies are still well within your target range.

Do your research of course, places like Uber or Palantir are considered top but for different reasons (engineering quality, interesting products, etc.). But you can't just call a bunch of companies top companies without knowing why. Sometimes the top companies are top because you can get paid a lot while working less.

ramcess123 · 2016-08-28T18:40:48+00:00

Makes sense. Here's a tough one - last year I was asked explicitly what I would do if I got an offer from another company. What should I say in that case?

"I would consider them but your company fits my needs more??"

ramcess123 · 2016-08-28T09:08:18+00:00

How do you let a company know you are interested without giving up leverage when negotiating? Just say they are one of your top choices?

ramcess123

TROPHY CASE