[frostli]

The assumption in the post is: he doesn't really believe in those companies. He only thought the company will go at most 2X of the current valuation and will never have a chance to go IPO itself.

In the start-up world, if you don't think the company is going to grow then what's the point joining the team? It sounds like the author is looking for settling down, a stable income which is more suitable with bigger companies like Google.

It's weird to compare two different kinds of companies. High risk high return, low risk low return always holds. He's looking for something with low risk and of course, he doesn't want to work with any Y Companies. No right or wrong tho, personal choice.