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I think the meta-meta question here is regarding the value of stock options vs immediate compensation (salary + benefits). So many CEOs treat options like they will definitely be of large worth to a person- but for the average employee they'll never see anything from them.

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Yup. It's also really kinda entertaining how offended founders get when you ask for more money instead when you're employee #53 and they offer a number of options but refuse to disclose what % of the pool that is.

In a small company, if I can't see the cap table- then I don't want to talk about shares. No investor would touch a deal if they didn't have access to it, and I'm investing my time.

I've never seen a dime from equity from a non-publicly traded company.

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