Journalists must have known they are gambling if they don#t receive real money for their work. If not, they were incredibly naive and perhaps have learned a valuable lesson. Namely, don't rely on empty promises.
The article mentions stock options. Stock options also don't always pan out. It rather feels as if these journalists feel entitled somehow to their riches, as they have seen their brothers in tech receive. But they forget to think about the people in tech who toiled in startups that failed and who also received nothing.