But your salary needs are a reflection of your commitment. i.e. if 3 founders raise $500k, $50k salaries give them a ~15k/month burn rate fully loaded, approximately. $100k salaries give them a $30k/month burn rate fully loaded. The difference is the ability to hire two solid ppl.
Which do you choose? Is your lifestyle more important than 2 hires? Alternatively, if you don't need to hire any more, how much runway do you shave by making $100k across 3 founders?
Investors also want interests to be aligned. Low pay early on means that you're motivated every day for growth (because revenue or a larger investment round means a raise). They'd certainly rather see their money invested in growth than in founder lifestyles.
Of course, every situation/investor/founder is different... But yeah, expect to take a big pay cut.
If you have less than a million in the bank, I think the question needs to be framed as "How much do I need to survive" and NOT "What did I make at my last job". If the founders aren't trying to dig deep here, then I'd wonder about their motivations (unless revenue was taking off). Lack of runway kills startups.