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Because FANG companies do not attract "top talent." They attract "very good talent," but typically talent that requires infrastructure that doesn't exist at startups. Daryl Havens is the exception that proves this rule, and you are not Daryl (unless you are Daryl and in which case, "Hey Daryl! Let's meet up sometime and chat about VAXen.")


Neither do scrappy startups, because they don't have the money.

Top talent that accept below-insanely-great pay start their own startups.


Yup. It's somewhat rare to find "top talent" at a startup, but more because many modern startups are stupid, existing only to suck from the VC teat. In my day... Be was a "startup" and Dominic and Andy were "top" talent. (and wasn't Dianne Hackborn at Be back then?) NeXT was a startup once and Avi Tevanian (despite my many, many technical disagreements) was an EXCELLENT engineer. RSADSI was a startup an Steve Dusse and Bob Baldwin were TOP talent.

I think after the dot-com run-up, "startup" often implied "unprofitable idiot idea that looks plausible long enough to convince VCs to use your company as a demonstration of the greater fool theory." But I said "often," not "always." The critical and vexxing part of this is it's so hard to figure out which idiot ideas are profitable before the VCs shower a small cadre of Stanford GSB grads with cash.




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