It's not pocket change for people early in their career. An early engineer in a series A company could easily be getting 10k+ in options
That said, the strike price for common should still be reasonable at Series A - not $0.0001, but not $10 either, so 5-10k options can be around $10k. (Yes, a company can raise at $100M valuation even though the 10M common have a strike price of $1. The $100M is preferred.)
And, there's no law saying that 803(b) is all or nothing.