150k plus 10% annual bonus at startup vs 130k at FAANG? What should i pick?

FAANG because we’re heading into a recession.

It’s not that straightforward. FAANG aren’t immune to layoffs in this uncertain climate either. A startup with plenty of funding and at least 2 year runway could be a better bet, but ultimately you have to be the one to evaluate whether the startup could sell their products in a market where people are squeezing budgets. Also if you’re taking on a more essential role in the startup, your chance of being laid off might be lower there than being a low tenure FAANG employee.

Faang probably better for linear career development--you'll have many mentors that can help you improve. More uncertain whether you'll have that at startups (especially if they're earlier)

If you value growth and development than I would recommend FAANG, even if it’s for a short time. The work, mentorship, and future potential far outweigh a $35k yearly difference right now. Plus, the startup offer is dime a dozen, it will always be there at various startups if you decide you hate big tech.

Why don’t you see if FAANG will match the base or come closer at least ?

For some FAANG companies you’ll be getting RSUs at great value and do your research if both companies have historically laid people off during 07/08 and 2020 during uncertain times.