If you put your boss over a barrel like that he'll make the changes you want... long enough to replace you. It's better to be a little less direct - "I want you to know I'm really unhappy with this situation." The implied threat is still there, but your boss won't feel like he's giving in to blackmail if he gives you what you want.
Only then I can play a full hand instead of pleading and begging and being at their mercy.
The first chip only benefits me. The first two benefit me and the founders. All three benefit everyone in the company.
I think I'll sit on it for awhile longer and go with this strategy. It's perfect because it makes sense for everyone, and if they reject it I know it's not the right company for me because at that level, that decision would be coming from a place of fear, and that's not somewhere I want to work.
This seems like a bit much. Why involve the other employees?