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Why do we assume that being hired at a startup is inherently better than being hired at Facebook, or any technology company for that matter? People can create just as much value at a large company than at a small one, though there are fewer outliers.

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People may create more value at a large company but most of the compensation will go to the founders and investors.

Most of the compensation goes to the founders and investers in startups as well.

But this isn't really a problem then. If the issue with people being hired away from startups is that startups create more value for society, then that's an externality, and we should care. But if it's a question of potentially higher compensation, then we can expect people to act selfishly, and so it's not really a problem.

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