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Re:Startups Rejecting Venture Capital by jon-wood on Friday January 11, 2019 @03:47PM (#18886809)
Options are often not worth the paper they’re printed on. For pre-IPO, pre-acquisition, companies there’s no real market for those options. You may well be able to get better tax rates on them, but only if you can actually sell them. Compare that to RSUs which you can exchange the day they vest for actual cash, with a minimum of fuss.

For perspective here I, and everyone I know who have worked for startups as an employee, have never seen a single penny from stock options. Maybe one day I will, but I consider them to be nothing more than a potential pleasant surprise down the line.

Re:Startups Rejecting Venture Capital by icedchai on Friday January 11, 2019 @04:31PM (#18887289)
Paper? You don't even get paper stock certificates these days. It's all electronic.

At a previous company, I exercised my stock options when I left. This cost me about $4K. Two years later, I got $12K back... not a bad return, but certainly not the "potential for early retirement" I was told when I joined.

Re:Startups Rejecting Venture Capital by rhizome on Friday January 11, 2019 @06:05PM (#18888071)
Recently I was going through my father's papers and found a stock certificate for IBM, I think from the 60s or 70s. I think I'm going to frame it.
Re:Startups Rejecting Venture Capital by dawhizkid on Friday January 11, 2019 @05:21PM (#18887759)
it's just a colloquialism...
Re:Startups Rejecting Venture Capital by icedchai on Friday January 11, 2019 @06:06PM (#18888075)
Sorry, I forgot the /s! Still, you used to actually get real paper stock when you exercised.