One small detail, an ISO can be priced at literally any value the company wants (within fiduciary responsible limits of course). They don’t have to be (albeit c

One small detail, an ISO can be priced at literally any value the company wants (within fiduciary responsible limits of course). They don’t have to be (albeit commonly are) set with a strike price of the value of the company at time of grant. This is partly why ISOs are so heavily regulated.