There should be a federal law prohibiting issuing any type of equity compensation (including options) without also routinely reporting relevant details (ownersh

There should be a federal law prohibiting issuing any type of equity compensation (including options) without also routinely reporting relevant details (ownership %, FMV, dilution, preferences, etc) to holders. The single biggest problem with options is that the cap table is completely opaque to employees and the founder is incentivized to operate as a lying sack of shit redlining the reality distortion field.