That's a big presumption. There were 407 IPOs in the US in 2020. That's not in tech, but in all industries. If you're pinning your hopes of 50% of your comp coming from an IPO event then you must be very happy with risk.
Right, its a risk, but are you aware of FANGs paying $200-300k/year for technical support staff? I'm sure there are some openings, but low six figures in cash and a chance at 3 to 8x at a startup seems quite attractive.
That's a big presumption. There were 407 IPOs in the US in 2020. That's not in tech, but in all industries. If you're pinning your hopes of 50% of your comp coming from an IPO event then you must be very happy with risk.