> but I know people who've taken pay-cuts an order of magnitude larger than bootstrap costs to get 1% of a company that ultimately failed. Starting a company c

> but I know people who've taken pay-cuts an order of magnitude larger than bootstrap costs to get 1% of a company that ultimately failed. Starting a company can easily be a 70-100% paycut. If someone took a paycut that large for 1% of a company that was just a terrible and I don't think representative decision of a first employee.