The answer is : tons. Most startups I've worked for do option grant approvals quarterly or thereabouts. But I think it would be unethical to approve grants at

The answer is : tons. Most startups I've worked for do option grant approvals quarterly or thereabouts. But I think it would be unethical to approve grants at a different price or size than promised in an offer. Sure you may have been diluted by then, but you wouldn't have had any say in it any way and the idea is that subsequent dilutions are good for you as they reflect a growing value. That's the IDEA anyhow.