[daveschappell]

This is a great point -- this was originally (and still is) a deck geared to founders. The large issue is to try to find people (as employees) who would prefer less short-term salary for more longer-term equity. Not only because it saves $, but also because it shows the right owner mentality.

[tptacek]

In this market, when you find someone willing to take 1/2 salary for 6 months for 2x equity, beware that you may be creating a system geared largely to suckers.