> You get a lot more equity with startups. It’s a gamble. You’re betting a short term paycut on the company’s success.

Well, one used to get more equity. And maybe the first couple of people through the door still get more equity.

If you are engineer #5 or later at a startup today, I'm willing to bet the 5-year upside on a FAANG comp package is on par or higher with a decent startup exit...