Would you rather take a lower salary with real equity at an early-stage startup, or a high salary with equity that's probably worth nothing?

Options

• Equity, always. I'd rather gamble on upside than optimize for comfort.
• High salary. Equity at 99% of startups ends up as a rounding error.
• Depends completely on the stage and the founders, not a fixed rule.
• I want both, and I've learned to actually negotiate for it instead of just accepting the offer.