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It’s going to depend on what your responsibility is at both positions, the industry and the private company’s global footprint. If it’s a large private company with a large global footprint and you aren’t trying to go to a public company with specific issues that private companies don’t face (eg, provision for example), then should be fine. It’s not the public versus private that will be an issue. It’s whether you have the skill set needed at the public company.
It’s going to depend on what career choices and benefits you want. There’s also big differences within public companies and private companies themselves - a Fortune 100 company will be much different than a sub-Fortune 500 company. A privately owned family business will be much different than a private equity firm owned business. Pros and cons to all of it. I think if you are good at what you do, then yes you can make good money with all of them. But “success” will depend on your definition. Some people would say making 300K and working 70 hour weeks is successful while others will say making 150K working 40 hour weeks is better. It’s preference ultimately.