There's also good existing small companies that are in more exciting tech spaces, that are hiring, that are not startups.
Shout out to Fastmail, my former employer, as they are one of those nice small companies, seem to get lots of love here, and they're lovely people. And last I checked, they're hiring as well.
Even in the 'SaaS' space there are boring but profitable small comapnies that fulfill automation for niche use cases. I just picked up on that we are using for our CDN that cloudfront doesn't being to cover. The pricing is good, the company is small, stable, and I'll continue to use them as long as I can.
So... they're out there, but they certainly aren't FAANG and a lot of times, they aren't wild startups either.
Part of this leads to less "popularity" for potential employees. You've never heard of ABC Bearings & Co, and they haven't manufactured Bearings in 100 years, but they fulfill important roles in the roller industry. Not Boeing, but just as important.
I think this is because startups spend incredible amounts of time trying to grow and to find customers, so naturally they advertise, are in the news, on HN, etc. In a more boring economic sphere (IE: no exponential growth, a few solid players that often times are more cordial than cutthroat competitive) you may never hear of these places.
Maybe visibility is an issue, too? I like boring work for a decent (not excessive, stable) wage. But finding these companies is difficult. Most of the ones I come across are rarely ever hiring because their turnover is low.
This is the answer. Our organization is tiny and works in an extremely boring niche - B2B banking consultants & related software shenanigans. We've been at it since the 90s.
If you adjust your expectations just a little bit (i.e. you are now OK using "boring" stuff like .NET/Java), you might be able to get something much more quickly than otherwise.
Regardless, the market has spoken and we must all adapt.