As I said, "You might pick a different number." I'm only arguing that declining all the equity you are offered isn't a WTF in and of itself. As for the specifi

As I said, "You might pick a different number." I'm only arguing that declining all the equity you are offered isn't a WTF in and of itself. As for the specific numbers... I really couldn't say anything without knowing the parties involved. Maybe these are completely fabricated to make a simple point, which is that he doesn't want to be lowballed, and he isn't outrageously greedy either.