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They knew exactly what the market rate was. One of the founders was my ex boss. They also knew that I had recently been laid off because of budget cuts.

I am leaning towards they tried to screw me over, got caught and said "haha, joking". I am worried about them trying to start a company like this, when quality of first employees and execution are key. Ideas are cheap.

It feels like the long term relationship is poisoned already.

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The fact that this is what you think means your relationship at a new company level is already beyond salvation.

Bad faith is not uncommon. But now that they've done it once, feel free to turn the knife and ask for even more. I've been in a negotation where the company made a "final offer" that was egregiously low where I had the leverage. I waited two weeks to reply, countered with a 10x increase, waited another two weeks, and then increased it another 4x. Both times they capitulated.

(It was probably still too little.)

Do you mean percentage? Or did you counter a $100K offer with $1 million and then asked for more?

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