Money today is worth more than money tomorrow, and often the lump sum of money you get at the end of a startup’s liquidity event as an employee is not much greater than someone who earned money through a more traditional route, if you even get it. I know people who chased the startup life for years with nothing to show for it.
A decade later when they finally give up and resign to a more traditional career path, their cohorts who started down that path a decade ago are now impressively far ahead of them in life. I’m talking big houses with long hallways and a baby or two keeping them up at night while they ascend the ranks of a “real” company during the day.
So when playing the startup game, the only thing on your mind should be “fast money, fast money, fast money!”. If you like to see businesses that have been around for way longer than 10 years and building strong revenue that most startups can only dream of, don’t look for startups.