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A comment on Ask HN: I exercised my options on leaving a company – now told they're 'void'. Parent comment

Re:Ask HN: I exercised my options on leaving a company – now... by memmove33 on Friday March 02, 2018 @11:07AM (#16502646)
What is the reason why they were diluted in your case? Was it "nefarious" (e.g. targeted specifically at you) or just a consequence of unfortunate circumstances (e.g. heavy downturn, aggressive liquidation preferences, ...)?
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Re:Ask HN: I exercised my options on leaving a company – now... by meric on Friday March 02, 2018 @04:49PM (#16506067)
The company ran out of latest round of funds without increasing its value, and took them best deal it can. In the years since it had diluted around that much, again.

This is a public company, not a tech startup.

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