> Everyone else would be financially better off if they worked for a large company instead.
To be fair a lot of the change is because large companies are paying people so much these days. Barring large amounts of funding, a Series A- startup (based on the company being 0-2 years old definition of the article) simply can't compete with salaries.
Perhaps startups should start offering far more equity to early employees (I'm surprised you don't see more seed stage firms offering ~5% to senior devs) to compensate for the cash loss.
Nobody will give a senior developer 5% equity when even VCs only take 7% for the first investment that also includes access to professional networking events.
To be fair a lot of the change is because large companies are paying people so much these days. Barring large amounts of funding, a Series A- startup (based on the company being 0-2 years old definition of the article) simply can't compete with salaries.
Perhaps startups should start offering far more equity to early employees (I'm surprised you don't see more seed stage firms offering ~5% to senior devs) to compensate for the cash loss.