On the same topic, https://www.scribd.com/doc/55945011/An-Introduction-to-Stock-Options-for-the-Tech-Entrepreneur-or-Startup-Employee https://www.scribd.com/doc

On the same topic, https://www.scribd.com/doc/55945011/An-Introduction-to-Stock-Options-for-the-Tech-Entrepreneur-or-Startup-Employee https://www.scribd.com/doc/55945011/An-Introduction-to-Stock... has detailed advice on what to do as a startup employee in the section about options. (tl;dr: early exercise, 83(b) election, ask for nonstatutory stock options instead of incentive stock options).