It's not a strawman, you just aren't understanding the fundamental lesson in the idea of starting your own company. "Fair" is what the participating parties agree is fair when they form the agreement. You appear to be speaking from one side of the agreement (the employee side). Starting your own company will give you drastically different view about risks and costs that were previously hidden to you as an employee, and you'll come out with a better understanding of how "fair" is negotiated between the participating parties.