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Michael Seibel

04/21/22

@ Y Combinator

The perception that engineers from FAANG companies can easily raise venture capital is misleading; while it may help initially, staying too long can diminish that advantage.

Video

Why You Should Leave Your FAANG Job

@ Y Combinator

Why You Should Leave Your FAANG Job

04/21/22

Related Takeaways

Michael Seibel

04/21/22

@ Y Combinator

Technical founders often misunderstand the value they can extract from working at FAANG companies, thinking they will work on significant projects, but often they end up doing less impactful tasks.

Michael Seibel

04/21/22

@ Y Combinator

Working at a FAANG company can create a dependency on their tools and infrastructure, making it challenging for founders to adapt when starting their own companies without those resources.

Y Combinator Cast

04/21/22

@ Y Combinator

The path from being a Facebook engineer to raising money for a startup is not straightforward, and many people mistakenly believe it is easy.

Y Combinator Cast

10/29/22

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The venture capital industry often promotes the idea that founders need to raise money immediately, which can lead to poor decision-making and unfavorable terms for founders.

Marc Andreessen

06/11/25

@ Uncapped with Jack Altman

To attract top talent, a venture firm must offer a powerful platform that amplifies the impact of their work, leading to higher win rates and better support for companies.

a16z Cast

04/29/25

@ a16z

Venture capital is unique in that top firms tend to remain dominant for decades, as the best entrepreneurs prefer to work with the best VCs.

a16z Cast

04/29/25

@ a16z

Venture capital has historically been overfunded, which creates a competitive environment where founders often face multiple venture capitalists vying for their attention.

Y Combinator Cast

04/21/22

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Loss aversion plays a significant role in why employees stay at FAANG companies; the fear of losing vested equity can lead to irrational decision-making.

Sean Mitchell

05/04/18

@ Y Combinator

Venture capitalists investing in FinTech often worry about whether a company can fund its origination costs, as mismanagement can limit future opportunities.