IMHO you should only accept the cut if you answer absolutely yes to the following questions: * are you 100% sure that, if revenue had been higher than expected

IMHO you should only accept the cut if you answer absolutely yes to the following questions: * are you 100% sure that, if revenue had been higher than expected, they would have given you a substantial raise? Or are you supposed to share the losses but not the gains? * can you take the cut without blinking? * is working for this startup really better than working for a comparative startup that doesn't try to pay less than agreed upon?