Be careful with "Stock options are worthless" as advice. This is approximately true of randomly selected seed stage companies but caveat:
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Replying to @patio11
stock options are *also* used as a major component of the package at companies which are still risky but a much, much surer thing.
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Replying to @patio11
you also you have to consider liquidity. If a company has sure thing value X but the stock isnt liquid, is it still worth X to you?
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Replying to @mikeknoop
Of course not, but I occasionally speak to engineers who discount X to 0, which can result in Certifiably Poor Life Choices.
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Replying to @patio11 @mikeknoop
Among them "Since equity is worth nothing, I will neglect to organize myself to sign the paperwork regarding..."
12:56 PM - 20 Dec 2016
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