Not sure what you mean by 20k in options. If you mean share count, those are meaningless numbers, in that without knowing the number of outstanding shares you d

Not sure what you mean by 20k in options. If you mean share count, those are meaningless numbers, in that without knowing the number of outstanding shares you don't know the denominator in the denominator in the fraction. Find out all the terms: numbers of shares outstanding, strike price & 409a valuation, last round preferred valuation, vesting schedule, etc. Other than that, A looks more promising.