I don’t have experience being billed out at astronomical rates, but I speculate that the consultants’s take-home is sublinear in the rate he’s billed at, and dramatically so. I’m very impressed by someone who makes $100/h or more writing code, but I think I’m even more impressed by a person/team/system that can consistently find quality clients willing to shell out $500/h or more. I have a feeling that someone could be well worth such a rate but struggle to get anywhere near it on their own.
How do you even go about finding those clients? I can’t help but think that they’re almost all going to be companies going through an unexpected existential crisis...