Took an offer for an early stage startup, ~0.25% of the company vesting over 4 years (best I could get at the time). Company proceeded to dilute 40-50% per roun

Took an offer for an early stage startup, ~0.25% of the company vesting over 4 years (best I could get at the time). Company proceeded to dilute 40-50% per round (pre-seed, seed, and series A) while bringing on an endless stream of do-nothing managers, and didn't top-up any of the existing employees grants or do any annual refreshers. They got upset with me when I brought this up. The company is floundering and hasn't launched anything technically new since a good amount of the original team left. I suspect it'll limp along for a few more years before it's acquired at a loss. The last funding round removed all but one of the founders from the board, so... too bad for them...