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It's different with Uber in hindsight, but in general, employees at start-ups are already overinvested in the success of the start-up, and that success is unlik
by aetherson 11y ago
It's different with Uber in hindsight, but in general, employees at start-ups are already overinvested in the success of the start-up, and that success is unlikely. I don't recommend that most people also sink their cash into their employer.
- zwily 11y agoUsually you do an early exercise when the company is very young, with a low strike price. In those cases, the cash outlay can be very small. For a later stage company, then math works differently, of course.