I spent a lot of time on AngelList jobs page looking for companies aligned with my interests and I finally interviewed at two of them. When we got to the salary negotiation stage, their pay scale were nothing close to what was advertised on their AngelList jobs page. I also have to say, that I don't care about equity (I've had some disappointments before regarding equity). I ended up at a different company that I found on Stack Overflow Careers. (I don't have any affiliation with SO)
I don't know if someone else has had the same experience with AngelList companies, but I think they advertise high salaries only to get more visibility and a better ranking on search results. I don't know if there is a way for AngelList to control this, maybe allowing candidates and employees to add reviews about the interview process could be an idea.