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Epenthesis

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Epenthesis
·il y a 5 ans·discuss
Put in 3 M$/yr and you'll get 50.7%.

Not a lot of people hitting that regularly, but I imagine it can sting a little if you've got a more proletarian salary normally and are hitting that region just once because of say, a start up liquidity windfall
Epenthesis
·il y a 5 ans·discuss
Eh, luck + effort beats luck, but luck by itself pretty often beats effort.

I'm a good deal wealthier than some much harder working + smarter friends of mine because I lucked into joining some (moderately) successful startups.
Epenthesis
·il y a 5 ans·discuss
Of course it's unusual. If you're in SF and work in first tier startups/FAANG, your social circle is going to be mostly people in similar situations. It's a very unusually high earning and unusually rapidly high earning career path.

I would be shocked if in that specific cohort the median net worth at 30 was less than 500 k$. And if less than 1/10 were millionaires at 30.