Lot more funded startups and opportunities, is big tech worth it anymore?

Question

I know big tech will probably always pay more competitively than most other companies. But there's so much more opportunity out there today than ever before. The growth potential of a lot of these companies is going to be incredible.

What are your thoughts on which opportunities are the most compelling – how do you identify the most interesting teams that you look back on and think "wish I was there". Do you think the big tech era is ending?

https://wyclif.substack.com/p/is-the-big-tech-era-ending

19g6vkwv3vpho · Accepted Answer

I'm definitely seeing this as I begin to take recruiter calls.  The last time I went down this route was in 2019 and the salaries for non big tech did not seem quite as high as they seem to be now.  My profile does not look substantially different.

Taylor · Answer

People will always want the prestige of working for a big tech company. At the end of the day some people really give a shit about what others think. To people outside the tech industry saying you work at facebook or google is more impressive than saying you work at stripe.

19g6vkvmbx2ca · Answer

So I doubt that the big tech era is ending, but given that a large portion of the TC is equity-based, and given the very rich valuations in the stock market, it isn't clear that big tech is the best employer under the assumption that the main concern is total personal wealth.

I've seen well funded startups offering salaries of 300K cash for a senior dev plus a meaningful equity stake. I think that's equivalent cash to many big tech cos, so the only question is which equity is going to be worth more in 10 years? The startup could realistically 10x, AWS less so, and the startup will give you more shares than AWS.

Of course you are taking a gamble, but then again, you're also gambling if you think the stock market only goes up forever.

Sushi · Answer

I don't think their era is ending. They will always be big tech because they're known for their technology. 
The companies that I see are paying more are usually investment companies, which aren't trying to invent new technology but trying to incorporate AI/ML into trading for the most part. 
This is an interesting time to be in tech! :)

Lot more funded startups and opportunities, is big tech worth it anymore?

Is the big tech era ending?

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