But I already see one problem with this: your co-founders are probably working at a much lower "excepted hourly rate". I've heard people claim that the average

But I already see one problem with this: your co-founders are probably working at a much lower "excepted hourly rate". I've heard people claim that the average silicon valley entrepeneur earns less in 10 years than someone working at McDonalds. In other words, you may need to be willing to accept an irrationally low amount of equity if you need a cash salary.