Correct, but it's largely useless because the swing in the range is almost 80% in many cases and in 1 particular company all jobs titles with widely varying roles and skill requirements have the same range (see below), which makes no sense.

ex: https://angel.co/stripe/jobs

  1) Engineer San Francisco · Full Time · $100K – $180K · 0.0% – 1.0%
  2) Engineering Manager San Francisco · Full Time · $100K – $180K · 0.0% – 1.0%
  3) Security Engineer San Francisco · Full Time · $100K – $180K · 0.0% – 1.0%
  4) iOS Engineer San Francisco · Full Time · $100K – $180K · 0.0% – 1.0%
  5) Frontend Engineer San Francisco · Full Time · $100K – $180K · 0.0% – 1.0%
  6) Site Reliability Engineer San Francisco · Full Time · $100K – $180K · 0.0% – 1.0%

I wonder if the companies are doing this to get around having to fill out a salary range on angel.co