> is the risk premium really worth it? Over the last 10 years, definitely not. You'd be hard-pressed to find many examples of startup rank and file who did bet

> is the risk premium really worth it? Over the last 10 years, definitely not. You'd be hard-pressed to find many examples of startup rank and file who did better than they could have at FAANGM, even at startups that weren't as voracious consumers of capital (=dilution) as Lyft or Uber. Not everyone can or wants to work at FAANGM, but it definitely shows you shouldn't take a paycut going to a startup and hope to make it up on stock.