A similar thing happened to me.  I joined a late stage startup with a market cap of $1.5B.  It IPO&#x27;d a few years later with some critics calling it the worst IPO of the year.  It now has a market cap of $600M.  I felt betrayed by execs who had nothing but glowing things to say about the health of the business.  I gave the company 2-3 quarters to show signs of hope then quit.