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Working at a startup is a bit like angel investing... in a single company. Potentially large upside, but lots of risk, and zero diversification (unless you hop

Working at a startup is a bit like angel investing... in a single company. Potentially large upside, but lots of risk, and zero diversification (unless you hop between startups year after year, but that's unsustainable) I wonder if it would be better (from a financial perspective) to work at a job with a higher salary and no stock options, then invest the additional salary in a number of early stage startups?

7Figures2Commas 12y ago
Most of the millionaires in this country are self-employed, so statistically, owning a business probably the best way to get rich. Unfortunately, most startup employees, even though they have stock options, don't have a meaningful enough ownership stake. This said, if you're going to earn a high salary as an employee and want to invest heavily, I don't know why you would focus on startups. Most fail, it can take years for the equity to be liquid if ever, the equity is extremely vulnerable, valuations are currently exorbitant, and you can only bet in one direction. The public equities markets are far more attractive.