The term startup here includes any private company under 500 employees. Companies like stripe and cloudflare won't count.
Add to that the hiring practises in startups are usually something like a quick chat, a tech test, and then an indepth interview rather than 6 rounds of interview and whiteboard tests, and just the process of getting a job in a startup is more appealling.
Considerably less. One of the things I've noticed is people who join early stage startup as early employees get screwed harder on this than latter employees. The early employees work for low cash comp with equity that gets diluted over time. The new hires once the startup is established come from big companies to scale up and receive higher cash + equity comp.
> that the hiring practises in startups are usually something like a quick chat, a tech test, and then an indepth interview rather than 6 rounds of interview and whiteboard tests,
This doesn't ring true in 2022. It's almost opposite of what YC and other startup incubators would recommend as well - be very selective and careful to hire.
In my experience, larger organizations and government tend to have too many processes that distract from meaningful work and progress. People feel detached from the success of the company, I mean how much influence can you have as one person amoung thousands? It seems to lead to lower motivation and more tribalism.
Startups are personal, you know everyone, you can make an impact and when things go well you share in the success.
BTW it would be welcome to clarify of what to consider a startup since this word seems to be slightly overused.
The product in a startup is dynamic. How can you believe in something that is always changing?
The product is always what the customer needs and what the growth demands, not what engineers will dictate.
It might be more appropriate to say aligned with ideology or problem space.