I think the bigger issue is that most of the financial upsides of startups were illusory
Unless you're a founder, you're unlikely to make any money, and predatory VC/backers using convertibles/senior debt to turn your equity into Zimbabwean dollars. Thats before any stats are calculated for lasting long enough to either IPO, make money or get bought out.
As someone who did successfully exit, the stories of multiple-millions being handed out turned out to be legends. Dodgy accounting & staff retention meant that actually you don't get fuckyou money.
The only realy reason to join a startup is that you either believe in the "mission" or that you believe it will bring you joy to work in that way.
Unless you're a founder, you're unlikely to make any money, and predatory VC/backers using convertibles/senior debt to turn your equity into Zimbabwean dollars. Thats before any stats are calculated for lasting long enough to either IPO, make money or get bought out.
As someone who did successfully exit, the stories of multiple-millions being handed out turned out to be legends. Dodgy accounting & staff retention meant that actually you don't get fuckyou money.
The only realy reason to join a startup is that you either believe in the "mission" or that you believe it will bring you joy to work in that way.