It's funny I keep thinking about how the same people might work on the same thing but with different terms. As a W2 employee you make great money, but your upside is capped. Your downside is never capped, of course. As a founder you make okay money, you have better upside. But the same corp that fired you will invest that money with the VC that funded you. So, either way, the capital flows through the corp to you, and the profits flow from you to the corp. There are a few that "make it" and become a corp themselves, but that's the rare exception that follows a power-law distribution.
Of course, this is only true for capital intensive startups. My sincere hope is that this wave of layoffs leads to a thousand bootstrapped, customer focused, non-scaling companies, like 37signals. Or kickstarters like the Framework laptop. I believe we need more companies like that, and far fewer moonshots that mostly fail and leave workers broken.