"Optionitis" is like "salaryitis". Is the author offended when employees make a spreadsheet to see if they can afford a house? Is the author offended when VCs

"Optionitis" is like "salaryitis". Is the author offended when employees make a spreadsheet to see if they can afford a house? Is the author offended when VCs or CEOs make spreadsheets to understand their equity stakes? Of the author was honest, the message would be "options are a Market for Lemons", so just pay a cash to people who you can't bear to share the risk AND responsibility AND rights of an equity stake.