That's when I mentally tally my stock options at $0 (if they weren't so already) and assess my new TC situation. If I have lost ability to influence the business in any meaningful way, then why am I being paid in company ownership units?

Reminds me of when I, as a UI dev at a very small startup, became subordinate to the new designer (who was a big fan of large fonts and huge whitespace margins in our professional tool) regardless of any UX concerns. My opinion on UI/UX was highly valued as long as it completely agreed with the designer's :-) She is, after all, the professional.