The concepts and ideas these days are terrible. And the options are even worse. It's like startups expect me to assume they're guaranteed to be a unicorn. And then at that point, I'll almost break even with my FANG TC.
Obligatory TC: 350 (ok it's more like 400)
If you want to be more than a cog in the wheel at FANG and learn about business, enjoy creative freedom, explore and experiment, and have the guts to break from the pack, it can be a rewarding experience.