This is exactly what's wrong with many tech startups and what makes caricatures of them. You're view is to be a stingy miser and just believe that you will be f

This is exactly what's wrong with many tech startups and what makes caricatures of them. You're view is to be a stingy miser and just believe that you will be filtering out those that want to exchange work for money (what a horrible idea in a capitalist economy). So you get the kids that do understand what equity means or what "vesting" means or "at will" employment means that are excited, they burn off a couple years of their 20s not realizing that even if this supposed great idea was successful that they basically get nothing anyway, and you're arguing that is the proper way to be? It's hard to argue the economics of that for your favor .. but you can see how unsustainable that would be if all the founders felt the way you did and the works ... gasp .. actually figured this out. I think there have been a few events in history that have occurred during such realizations ... something about October? ... :)