Given the timing of their investments and the extreme valuation they had during the bubble, it’s likely that most recent hires’ option packages would be worthle

Given the timing of their investments and the extreme valuation they had during the bubble, it’s likely that most recent hires’ option packages would be worthless in today’s market. The startup options market has become very skewed against regular employees in recent years. I wouldn’t be surprised if the bulk of the cap table and preference stack was captured by early management hires and investors. Other comments in this thread suggest that leadership wasn’t acquired into Ford, so maybe wiping them all out and giving the employees good jobs at a real company with real stock is the best outcome for the current market.