What risk did he take, gimme a fucking break. Worst possible outcome for him was he has to settle for a $400k job at a FAANG after his startup fails. Boo fuckin hoo
Of course he did enough to deserve some fuck you money, but hundreds of millions? Slap yourself, fool, cos you dreaming
The risk was in the opportunity cost. How much was he making in the first ~9 years pre IPO? As you said he could have made a comfortable salary working 40hrs/week at many other companies but likely took a significant pay cut for many years to found a startup.
Coinbase was valued at 86B a year ago, so hundreds of millions would have been ~.2% of that valuation.
Of course he did enough to deserve some fuck you money, but hundreds of millions? Slap yourself, fool, cos you dreaming