[edit] as an example, people don't think of the Fire Phone with they think of Jeff Bezos.
To a VC who has very few other ways to asses you, having something in you past that singles you out as someone who has already cleared a highly selective process means you are more likely to be the kind of person who succeeds.
Nothing to do with Google's own products. Any other club similar difficult to get into will convey the same signal.
It's a crude signal, but it's a signal.
So if they with presentations or such manage to convince you of their product vision they are a very attractive founder, as they then have both product vision and the technical skills to not get tricked into hiring shitty engineers to build it for them.
unless the VC is colorblind.
Their salaries are definitely up there but plenty of successful startups pay much more.
For total comp, they've done pretty well historically due to their increasing stock price.
> Their salaries are definitely up there but plenty of successful startups pay much more.
These two statements doesn't match up. Google pays extremely high wages. There are jobs that pay better, but mostly at companies that are like Google or very small companies. If you measure by number of jobs then I don't think there are more jobs at companies paying more than Google and Facebook than there are jobs at Google and Facebook. So if you want that level of pay Google and Facebook is the easiest way to get it, which also means that Google and Facebook will be the main target employers for many candidates.