1. Setting the exercise window to 90 days instead of a more reasonable window (measured in years) should be a strong indicator that whoever is structuring their

1. Setting the exercise window to 90 days instead of a more reasonable window (measured in years) should be a strong indicator that whoever is structuring their deals is not at all interested in the welfare of your equity. 2. You no longer have a seat in the company (much less at the deal table). 3. Their desperation will be apparent, and they will accept very bad terms in the round (firing your staff = no leverage). Even if they manage to stay in business, your investment is unlikely to be worth anything. As someone else said, would you really want to invest in this company if not for your history? Why not put that $13k into another investment?