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Lies, Damn Lies, and Employee Stock Options.

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Very exhaustive and well-written.

Might I also add the "strike price" perspective here.

Effectively disallows you from liquidating and exiting if your strike price is below the market valuation of the company post IPO. If you seek exit and liquidity, you end up losing money.

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author

Thanks. I covered the numerics in the previous post, but yes, strike price is important. Namely, if strike price affects calculations then it's a bad deal. Strike price for ESOPs for private companies/startups should be $1.

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