A similar thing happened to me. I joined a late stage startup with a market cap of $1.5B. It IPO'd a few years later with some critics calling it the worst IP

A similar thing happened to me. I joined a late stage startup with a market cap of $1.5B. It IPO'd a few years later with some critics calling it the worst IPO of the year. It now has a market cap of $600M. I felt betrayed by execs who had nothing but glowing things to say about the health of the business. I gave the company 2-3 quarters to show signs of hope then quit.