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A comment on Ask HN: Pros and cons of working at a startup in 2018?. Parent comment

Re:Ask HN: Pros and cons of working at a startup in 2018? by jiggunjer on Tuesday June 12, 2018 @04:23AM (#17291611)
this also requires one exercises the cocounut option at the end of every year. If you don't and they drop to zero in year 4...
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Re:Ask HN: Pros and cons of working at a startup in 2018? by rgossiaux on Tuesday June 12, 2018 @04:28AM (#17291625)
For the purposes of this thought experiment we're assuming that there's no price movement after year 1. In the real world this probability of failure in the future should be priced in to the year 2 price and doesn't affect the expected value anyway.
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