If you don't have a seat in the board room, assume your options -- or even the stock you outright own -- is worth zero. They'll dilute you in a heartbeat. I o

If you don't have a seat in the board room, assume your options -- or even the stock you outright own -- is worth zero. They'll dilute you in a heartbeat. I once asked the CEO about how the current dilution round was going to affect people who had exercised and left the previous year, and was told that they were no longer moving the company forward.