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bigbang

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Perhaps, lack of understanding on my side, but what does "their number will be up" mean? From what I've heard, it's most often the case that developers want to move into trading.

What is a typical path from dev->trader? Should one join a hedge fund as a programmer and then step up the ladder?

I'd rather be trading on someone else's money :) My question is about how to get foot into the door as a trader.

Since Google knows a lot about me (for eg) by parsing my emails (I use gmail) and knows about the sites I visit too (Chrome and thru Adsense on 3rd websites), Google is in a much better position to provide me with more relevant results(and ads) than Bing, since I don't use much Microsoft's online services.

TWTR 13 years ago

It's interesting how Google got it mixed up as well. All the news stories for the stock are for the 'real' Twitter.

TWTR 13 years ago

Probably the easier startup lottery these days could be join a startup that is rumored to be an IPO. I'm not sure if software engineers get to make millions, but even 500K to 1M vested over 4 years is pretty good.

Thanks for the clarification. Is it feasible to get into a prop shop or hedge fund as a programmer and "graduate" to trader? How common is it?

I'm not sure how much bonuses software engineers get. I've heard it's great for bankers, traders etc. But do software engineers(who work on building infra/tools, not the kind who write trading algos) get paid good bonuses as well? By good I mean 30%+

75K for top 1%? Anecdotally an average(not top 1%) fresh grad in companies like Microsoft,Google,FB or (insert any other big co) etc these days get about 80-120K(depending on your negotiation skills,competing offers,school where you went to etc), not to mention ESPP every year,RSUs/options. If any average grad at these companies can make so much, shouldn't top 1% be getting much more?

Also more than the offer, Fog Creek is not known to people who don't follow tech news, read Joel's articles etc. But everyone knows and uses a (insert a big co)'s product and that reputation definitely stands out.