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Which is somewhat great because if they don’t pay well startups can exploit opportunities that open up as a consequence.

However, my experience lately from Germany is that large companies are becoming more and more popular for developers. This was also reflected in a recent HN discussion

https://news.ycombinator.com/item?id=17286939

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It seems like a very poor financial decision to turn down 300k from Google to make 150k + fairy dust money from a Startup. Even if the 300k is lower than what Google ought to be paying.

Financially, I’d agree. But what about your lifetime?

Lifetime? Not sure what you mean. Given that the vast majority of Startups fail and any equity you were granted would be worthless and even those that do payout are usually just getting you to parity to people who were at a FAANG over the same time frame I fail to see how a Startup would benefit. Even Resume wise, recruiters won't care that you worked at a startup that had a $100M exit but they definitely will if you worked at Google for 5 years.

Haha, something that should theoretically help small players actually only helps huge corps? That's CRAZY. I bet that's never happened before.

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