I was severely underpaid in SF 12 years ago, at 70k, compared to my peers. The lure was that I had a lot of stock options coming in over time.
70K in SF is having to have roommates, and be familiar with ramen kits at home hehe. Irvine was about 3 to 5% cheaper, so not significantly. Although it is easier to have a car in Irvine, Cali.
Stock options were a meme in the dotcom bubble. The Simpsons even did a gag with some start-up's stock certificates dispensed on a roll like toilet paper. I don't know why people keep falling for it.
I was severely underpaid in SF 12 years ago, at 70k, compared to my peers. The lure was that I had a lot of stock options coming in over time.
70K in SF is having to have roommates, and be familiar with ramen kits at home hehe. Irvine was about 3 to 5% cheaper, so not significantly. Although it is easier to have a car in Irvine, Cali.
Stock options were a meme in the dotcom bubble. The Simpsons even did a gag with some start-up's stock certificates dispensed on a roll like toilet paper. I don't know why people keep falling for it.
I mean, it worked out for me. Not complaining. But, yeah it's a gamble.