[peripitea]

>The risk-adjusted $ compensation is the same at a startup and at bigco. Startups just have more beta in the comp.

I work with startups, and while this may have been true 10-20 years ago I can't imagine how you would think it's true now. As the sibling comment says, I'd love to see your work, i.e. a remotely plausible example case with numbers illustrating how startup EV would approach bigco EV.