$1B net worth? Google has more SWEs than the entire quant finance industry globally. Yet Google could only produce what, 4 billionaires?
$10M TC at Google? That’s at most 500 VPs out of 150,000 employees. That’s 0.3%. Not good odds. More than 7 people (0.3% x 2500) at Jane Street are making $10M+…
Same logic applies to $1M TC. Tech has okay chances, but quant is simply multiples better. Only if you got lucky at Tesla or NVIDIA. Otherwise your L5-E5 comp maxes at 600-800k including RSU appreciation.
Then for junior/new grad, quant firms win again. 300-500k quant SWE offers vs 200-300k in tech.
Hell, even for summer internships, quant trading firms pay SWE interns $20-25k/month. Also on levels.fyi
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