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patio11's profile
Patrick McKenzie
Patrick McKenzie
Patrick McKenzie
@patio11

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Patrick McKenzie

@patio11

I work for the Internet, at @stripe, mostly on accelerating startups. Opinions here are my own.

東京都 Tokyo
kalzumeus.com
Joined February 2009

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    1. Daniel Thomason‏ @danieljthomason 21 Jun 2019
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      Thoughts/ideas request: given someone of average ability level and a generalist undergrad education, what would be the optimal pathway to maximise earnings over a 10-year horizon? Maximise for earnings - no attention paid to fit, job satisfaction, morality, or anything else.

      4 replies 0 retweets 7 likes
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    2. Patrick McKenzie‏ @patio11 21 Jun 2019
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      Replying to @danieljthomason

      Depends on whether you risk-adjust it or not. If you're optimizing for median, it is to go into software development, get hired by AppAmaGooBookSoft, and work there for 10 years, potentially switching jobs within that employer group once or twice if roadblocked on a promotion.

      6 replies 0 retweets 45 likes
    3. Mark Egan‏ @Makeuya 21 Jun 2019
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      Replying to @patio11

      What's a plausible annual salary by year 10 in that scenario?

      1 reply 0 retweets 0 likes
    4. Patrick McKenzie‏ @patio11 21 Jun 2019
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      Replying to @Makeuya

      Depends on a variety of factors. For one year comp (base, bonus, one year of RSU vesting), I'd expect somewhere between $300k and $800k. Many people think I'm joking about that $800k number and I really, really am not.

      2 replies 0 retweets 10 likes
    5. David A. R. Robin‏ @_Robindar 21 Jun 2019
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      Replying to @patio11 @Makeuya

      I am part of those who thought you were definitely joking on that one. Would you mind giving a little more details about how you estimate that number ? I know variance can get crazy in these estimations, but maybe choose fixed plausible key factors and explain it that scenario

      1 reply 0 retweets 0 likes
      Patrick McKenzie‏ @patio11 21 Jun 2019
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      Replying to @_Robindar @Makeuya

      Google et al are incentivized to make this opaque if one is not in the know and relatively less opaque once one is inside the circle of trust. One mechanism for that is the "levels" (career track). The question "What is a plausible comp package for an L6 or L7?" has an answer.

      8:29 AM - 21 Jun 2019
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      • warning: tweets unrelated to news andrewsyc Zuhayeer Musa James Burns David A. R. Robin
      1 reply 0 retweets 6 likes
        1. David Doswell‏ @david_doswell 21 Jun 2019
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          Replying to @patio11 @_Robindar @Makeuya

          I suppose the “circle of trust” is the only verifiable source to know various comps as one goes up or down the scale. http://levels.fyi  and Blind (https://apps.apple.com/us/app/blind-anonymous-work-talk/id737534965 …) are budding sources for the “untrustworthy.”

          0 replies 0 retweets 2 likes
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