When founders get hit by this, well, it is their job to understand what they're getting into. They're the ones who can hire lawyers to tell them what it means,

When founders get hit by this, well, it is their job to understand what they're getting into. They're the ones who can hire lawyers to tell them what it means, who cana ccept or turn down investment, and pivot the company where it should go. For the employees who get stock options though, it's a despicable move that should get you blacklisted. If you fuck over early employees like that, I will avoid you for life, and tell everyone else to do so too.