Does it have a higher expected value?

If you land the job, you have a guaranteed, pre-specified income. Probably a high one, depending on the company.

The massive risk of failure with launching a product should dramatically lower the expected value. Especially since most products, even if successful, won't pay as well as the corporate job.

I don’t disagree. The author’s stated objective, though, was to find a job and went through this process willingly.

You must be some incredible entrepreneur for that EV to be much higher. Strong leetcode skills print money with far less uncertainty than starting a company.

The author had failed at launching two different products over the past few years, so it isn't a gimme at all.