Quote Originally Posted by Pharnakes
...only hellenic nobles fought on horse back, whilst in the east, mounted combat was much more common for all classes. The nobles, surley would be the most reluctant to fight for their rulers. Afterall, they used to be the rulers until someone came along and conquered them, whilst to the common man it makes little difference whom it is who forces him to fight at spearpoint...
We're talking about the same guys who make up the Mistophoroi Hippeis and the merc version of the Thessalikoi here, aren't we ?
QED.
The fellows seem just as interested in money as the middle-class guys who make up the other Hellenic mercs.

The Hippakontistai would really be just the same thing, merely on lower equipement budget and expectations.