Ugh yeah I turned down a job offer even from seemingly ethical and nice startup in large part because I’d be exchanging actual publicly traded RSU vesting in the future with equivalent in options.
It’s hard to trade in somewhat certain money for likely fictional Stock Options. Though I’d possibly trade RSUs from company A for company B.
There’s almost like a two tier employment system between those at FAANG or adjacent with actual likelihood of a healthy payout and those with options / lottery tickets.