Re:Working at a startup is overrated, both financially and e...
by fastball on Saturday May 22, 2021 @01:11PM
(#27248408)
I think the key thing missing from your analysis is that some (most?) people aren't optimizing their careers for minimal risk and maximal pay. There are a great many other factors at play.
Eg this is me explaining why I wouldn't work at a startup as I shoulder more risk and very very low chance at a payoff better than I could get at a bigco, and worse case you spend 5 more years at the big co and you can be getting into founder level payoffs.
At that point why even take a risk if there isn't a reward if you are a strong engineer. The only thing that makes sense to me is to be a founder, or go work a stable high paying job if you're able to.
This pay structure greatly limits access to very experienced employees for a startup.