Yeah, the real reason that kind of advice is useful for lots of people is that those people aren’t risk neutral. It’s also hard to value the options correctly.

Yeah, the real reason that kind of advice is useful for lots of people is that those people aren’t risk neutral. It’s also hard to value the options correctly. There’re a bunch of reasonable things Ben Kuhn has written about startup stock options, with the main premise being that if your salary suffices and you intend to give the rest to charity (and want to increase the amount you give) then you are risk neutral and so you should try to value the options properly. Eg this post and several linked from it: https://www.benkuhn.net/offer/ https://www.benkuhn.net/offer/