Everyone gets that. They left for a reason. But someone who can stay afloat at 70+ hours a week will tend to, at the very least, not fuck up with 40 or fifty. And having someone who will reliably not fuck up is worth paying up for in most roles.
I mean banks are not an example of technological innovators; if all you’re doing is some HTML changes like a squirrel running in a wheel 80 hours a day you will not be able to handle 40 hours a day in a messy startup environment where devs need to constantly reconcile business logic with changing environment.
Banks don’t require “smart” work; even less so for low-level analysts.
There are very few companies that are “technological innovators”. Most SV devs aren’t writing a new distributed system or a process scheduler for the Linux kernel.