> I wouldn't consider losing 5k after exercising options (and knowing the obvious risks) as being "fucked," though Except it comes at the same time the company

> I wouldn't consider losing 5k after exercising options (and knowing the obvious risks) as being "fucked," though Except it comes at the same time the company folds, which mean you lose your job and have to pay for the privilege. I agree on a hypothetical 120k salary this isn't a big deal but in many start-ups you're basically at subsistence level.