There is no shortage of people in Silicon Valley willing to work at startups, and that's why there are so many startups.
Among those people are successful FAANG employees who already made a bunch of money and feel safe trying something new, because if it doesn't work out they are not going to go broke and will probably end up back working at a FAANG.
right but if you want a halfway decent one you have to compete with FANG and pay 300k a year.