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> I make around $0.9M-$1.2M per year today

Wow, can I ask how you make that much per year?

I am not in that position but to me it sounds like you should not go with the startup. The chance of failure is very high

EDIT: One thing I thought you go do is invest in startups. That way you're into the startup world with less risk.

Senior staff/E7 level at FAANG will get you that comp, especially with stock appreciation if you've been there for a while.

What does someone at Senior staff/E7 level do?

Pretty much what @United857 said. I had a successful career, but I'm far of an outliner. I did have luck to be at the right place, at the right time.

My day to day work is around planning, coding, and system design.

US tech industry has been staggeringly right place/time for the last decade. As a proxy, the NASDAQ has roughly increased 6x in that timeframe.

Damn, I can do all of that pretty well but earn more than 13x less

Not the OP but I posted this the last time this question was asked

Maybe less so if you are at Meta this week ...