Would you rather be in a new company or an estsblished one? Usually it depends. You need more information. The new company is lean but has IP, products and a direction. And a founder who is resilient and experienced.
The established company is a top 5 quantum networking company. Market valuation in the tens of billions of dollars. Leader with a track record and momentup. Strong IP positions and products as well as experimental breakthroughs leading to new product development. However, the estsblished company is bogged down by legacy wage costs in addition to paying for AI. Capital burn rate is high. Slower to change direction and everyone can see where they are.
Which scenario you choose says a lot about your risk appetite.