Strictly speaking, a corporate recruitment process will peg and interview you based on your experience level. 3 years at a failed startup are likely to be equivalent to 3 years at a large established company, you'll go through the same interview process, be asked the same questions, and presented with the same offer.
From a rational standpoint, having even a mild level of success that ends up in an acqui-hire instead of an outright failure will yield you a better offer from a large corp than an applicant who just sent his resume in.
Given two choices - equivalent compensation at failure, and higher compensation at anything but failure, you should do a startup.
That does not take into account stress levels and opportunity cost of your spare time.
From a rational standpoint, having even a mild level of success that ends up in an acqui-hire instead of an outright failure will yield you a better offer from a large corp than an applicant who just sent his resume in.
Given two choices - equivalent compensation at failure, and higher compensation at anything but failure, you should do a startup.
That does not take into account stress levels and opportunity cost of your spare time.