The entire startup ecosystem is based on extracting from the economy people who are motivated, do their work efficiently and learn high skills, and giving them millionaire-or-bankrupt stakes to ensure they’re committed.
The expected value from start-up shares is so low, you're bit of idiot if you're degrading your life for it.
Actual founder? Sure. Early employees get a raw deal. Honestly it better if you earn the most from salary, and invest the extra cash in startups. You'll get more equity.