This can happen when a startup has a ton of money. Many startups are founded by guys who are already rich as an odd sort of hobby, or attempt to stay relevant.

This can happen when a startup has a ton of money. Many startups are founded by guys who are already rich as an odd sort of hobby, or attempt to stay relevant. It's not good but not as abnormal as some of the other posters are implying. You should leave sooner rather than later. The only reason to stay is if they are rich because they have a great product they are making money with, and it would be worth vesting a portion of your options.