Not sure why everyone is so negative. Yes, it's a "bad deal" in that you're getting paid way below what you're worth. But normally, if you want to move to the

Not sure why everyone is so negative. Yes, it's a "bad deal" in that you're getting paid way below what you're worth. But normally, if you want to move to the Valley, you either have to try to find a job before you get out here, or you have to get enough money to live for a couple months, then find somewhere to stay, and then find a job. Not everyone has enough savings to support that. Not everyone likes that level of uncertainty. Instead, you can work below your market rate for 3 months (ie. not really long enough to be significant), get a cool experience, get a bit of equity, not have to find a place before getting out here, and then have plenty of time to line up a job and a permanent place to live. I can definitely see how a rational person would accept that deal.