I probably lost about $3,500-4,000. Startup was having financial issues, and got last minute funding. People were asking to give up salary for more equity. I wa

I probably lost about $3,500-4,000. Startup was having financial issues, and got last minute funding. People were asking to give up salary for more equity. I was employee #1, and really enjoyed working there, so I took the deal. I truly believed with had a great product, but that's not enough for a company to succeed. Company went out of business 6 months later. Not a huge financial loss, but I learnt a valuable lesson.