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I open discussions with recruiters - typically Exec Recruiters who are normally cold/warm-calling on LinkedIn - and the conversation goes like this:

* "We have this amazing CTO / CIO / VP Role."

* "What's the pay range for this role?"

* "We pay market rates"

* "I'm currently making $X at my fancy FAANG role. Can you beat that?".

* "Oh. Nevermind".

It's helped, but there are still false promises made.

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I think this really comes down to the equity grant and whether or not you think that you can personally move the needle. If you're a junior engineer getting your second job, it's a little bit of a scam to be sold on equity. You probably aren't so good at programming that you'll carry the entire company to success; you're being hired because you're a warm body for cheap. But if you're the CTO or VP of Engineering and you're good at that kind of role, then you certainly have the opportunity to build a team that can do better than the average startup, and thus your equity could really be worth something.

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