Obviously I'm aware startups run out of money and fail often, but just how the whole thing was communicated to engineering team, and even worse that we're now supposed to be cog to do some consulting for XYZ corp "but then as soon as we get funding you come back to us", that really rubbed me the wrong way. I'm a member of the "founding team" at least how it was marketed to me, and it sure doesn't feel that way.
But anyway, I've given in my notice as of today, just for the peace of mind.