Comment by streetcat1

The real issue with startups is that there is currently no efficient secondary market for startup equity.

This makes the game much riskier than it should be since:

1) There is no way to diversify for founders and employees. 2) There is no exit for employees. 3) It gives VC monopolistic power.

There were attempts to solve this (e.g. ICO) but those were misused.

Once such a market exists, it would be much easier to join/leave this ecosystem.