Being that the $1M is a mixture of cash and stock, they're not likely to actually get that much cash per person. In fact, I'm betting it's much less. Also, who knows if what they intend on paying the founders/new employees after they start working. Perhaps they'll offer a minimal salary, meaning that it all balances out in the end. Despite this eye catching headline, there's still a lot of unknowns that could make it a not very sweet deal.