Earlier quoted context omitted.
I'm not sure I follow. If FAANG companies would offer you 1x, and non-FAANG companies in your area of specialty would offer you x/3, who's paying 3x?
Solo. Right now I can make 3x FAANG comp on a new idea annually without reaching out to my network or needing outside capital. Given how many ways there are to do that and much more, I would like the structure of someone else’s idea to focus (aka being an employee). Doing things solo has overhead costs and liability risks, whereas employment has almost none but half to 3/4ths of your compensation is withheld the whol…
Can you share some things in the past that were easy money that netted you $1.5M in a year? I'm genuinely curious.
I used to have a ton of ideas that I thought if I did everything right I could've maybe made $300-600k. But then you can just get that as a paycheck at FAANG.
None of my ideas ever were easy and could realistically generate more than that. Plus there was always a risk they would generate $0.