I mean you have to consider both cases. If you are getting founders shares as a founding member of the team, that is one particular calculus that I alluded to

I mean you have to consider both cases. If you are getting founders shares as a founding member of the team, that is one particular calculus that I alluded to but do not address. If you are a "founding engineer" but not really getting founding shares, but the typical fraction to a couple of percent that is one thing. If you are a non-founding C-Level title that is another scenario to discuss. If you are an early engineer, that is basically the same as "founding engineer" above. If you are getting non-founding equity as an early employee, you have to be aware of of dilution after each round. In nearly every case, an early employee post Series-A likely will be getting pay more and more equity than an early non-founding employee.