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A comment on We need to rethink employee compensation. Parent comment

Re:We need to rethink employee compensation by areyousure on Wednesday June 24, 2015 @06:29PM (#9774922)
Why can't the options have a strike price of 0.10 in option 2?

(I assume I should look up "409a", the magic keyword to answer my questions?)

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Re:We need to rethink employee compensation by vishvananda on Wednesday June 24, 2015 @10:17PM (#9775610)
Yes once upon a time companies could set whatever they wanted for the strike price but not anymore. I think there might still be a way to do it with complex bookkeeping but AFAIK everyone just uses the 409a value.
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