They can say all of the feel good stuff they want. I always have the same question - are there outside investors? If there are, by definition the entire purpose of the company is an exit strategy. Statistically, that exit strategy is to be acquired. As an employee without equity you should have no loyalty to the company above getting a check every two weeks and doing your best work during those two weeks.
The owners of the company are concerned with maximizing their returns - you should be also.
The “lifestyle businesses” are the only ones where I believe that there is any chance of the founders being truthful that they want to “have a different type of company.”