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What percent of entrepreneurs create seed-funded companies?

$3.3m in NW is 100% beatable in FANG.




Sure - I agree; that was only the slice of the pie attributable to the extreme success (1%). There's also exits which are non-unicorn but non-trivial which probably bump that number up quite a bit.

It's a tricky problem in the general case because the skills that would allow you to capture a high compensation in FAANG probably correlate with the skills that would lead to a successful startup (not perfectly, but somewhat), so the better your options in FAANG the better your potential outcome via startup (with much higher variance).




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