Yes and often startups are the ones taking a risk to solve more challenging problems with technology versus the FAANG like companies who operate in large or multiple markets that have predictable money in them for example ads or e-commerce. The pay and overall wealth in tech are tied to some ethically questionable problems and the fact startups can't pull top talent to solve hard problems that are still potentially vastly profitable is worrying. I expect things in the startup world to be even more uphill at least with tech talent in the next decade unless there is a major shift in incentives, this however, will require either restructuring the average equity agreements or early investments with larger money for larger salary for key early employees.
> "Yes and often startups are the ones taking a risk to solve more challenging problems with technology versus the FAANG like companies who operate in large or multiple markets that have predictable money in them for example ads or e-commerce."
Never worked a FAANG, I see. They have plenty of risky projects with challenging technology problems that they spin up to try to enter new markets. You don't hear about most of them because, like most startups, they often don't work out and die quietly.
A lot of FAANG engineers also work on infra, OS, security, private/public cloud, tooling, etc. which have impacts on the company bottom line but aren’t necessarily visible as external products.
It’s not just 100 people doing ads and 30,000 other people playing ping pong and trying to outsmart each other with Haskell.
