ethically: equity compensation for a lower-than-market-rate salary is effectively an investment by the employee. They give up potential funds for equity. This i

ethically: equity compensation for a lower-than-market-rate salary is effectively an investment by the employee. They give up potential funds for equity. This includes unvested equity in the investment since, in the beginning, it's _all_ unvested. If you take back some of that equity with no commensurate repayment, then fuck you.