The chat doesn’t include the (likely) Chance that the startup is not sold/ipo’d it that it is sold but not for enough for employee equity to be worth anything.

The chat doesn’t include the (likely) Chance that the startup is not sold/ipo’d it that it is sold but not for enough for employee equity to be worth anything. There needs to be a thick orange band that goes in a flat line (where the options remain being worth their expected value, 0)