Friend had $10M in options. Never sold any, as it was going to only go up for sure. Company tanked, sold at fire sale, got $100,000 in the end. If you had the

Friend had $10M in options. Never sold any, as it was going to only go up for sure. Company tanked, sold at fire sale, got $100,000 in the end. If you had the value of your stock option in cash, would you invest it all in a speculative Silicon Valley company? No? then diversify. And do it now.