Would You Take A $50K Annual Paycut To Guarantee A Promotion To VP?

If you guys could take a $50k paycut per year (Yr 1: 300K, Yr 2: 330K, Yr 3: 360K) to work at a grindy PE shop (70-80 hours a week of constant work, ton of responsibility) but know you'd have a guaranteed promo to VP, would you take it? Assume the chance of promotion otherwise is 50%. Side by side and leverage program included.

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