It is both. I do get more equity, but I already had a big chunk before. The reason for the reduction was motivation.
If the problem was motivation try and find out why you were lacking it, I suspect the answer was not "I'm too gosh darn rich"
He has the funds for 2 years and isn’t breaking his own legs.
A better analogy would be like Bruce Wayne giving up everything for 2 years to focus in the mountains his ninja skills.
OP, do your thing!