I got one of these and was dumb to accept because the finance department claimed the offer was legit. When I started, it turns out the deal to double the valuation to what they advertised... that deal hadn’t been done yet. I left and it took another 6 months to do the deal and the valuation was lower than expected.

If you’re a VC harping on comp, spend your energy calling out frauds. Now that would be an actual public service.