I am surprised that this equity distribution isn't raising more eyebrows. Is this considered normal by anyone ?
Were you expecting a shallower decline in equity grants over time? Definitely curious to hear what others view as an expected employee equity structure.
Anyway, I want to stop picking on this particular startup because, from looking at Angellist ballpark offers and various HN comments, this is seen as the normal.
I find this reassuring in a way. That Silicon Valley is cocking up on this vital issue so vastly and consistently shows that it's still being run by fallible humans...