Agreed...I walked away twice from a fledgling startup that wasn't willing to offer me fair terms.

The first time, they offered equity that was barely in the single digit range ;-) Neither of the other two founders are technical people, and they can't afford to hire someone, so I found this pretty laughable.

They came back with a much higher percentage, but they wouldn't agree to me getting the same vesting arrangement that they were getting / would get in a future round.

So far, they've not really gone anywhere since I walked.