Your answer illustrates what he's talking about
You are not even realizing what he's actually saying
HE's not talking about lowballing on salary
He is talking about what percentage of the company you are going to get, how soon you will get it, and other details
*
Most people won't get this. I will still try
A) What percentage of the company are you getting?
B) What dilution is going to happen?
C) When can you sell your stake in the company?
D) How soon and in what manner does it vest
*
People fixate on things like 1,000 options without considering what it really means
Please consider what you wrote:
The standard for pre-IPO seems to me to be N number of options, at a particular strike price, 10-year expiration (or 90 days if you leave the company). That doesn't seem all that complicated to me, or deceptive.
NOWHERE in that is
What value do I bring the company
IN RETURN what percentage of the company am I getting
AT WHAT RATE will I be given that share of the company
You are not even realizing what he's actually saying
HE's not talking about lowballing on salary
He is talking about what percentage of the company you are going to get, how soon you will get it, and other details
*
Most people won't get this. I will still try
A) What percentage of the company are you getting?
B) What dilution is going to happen?
C) When can you sell your stake in the company?
D) How soon and in what manner does it vest
* People fixate on things like 1,000 options without considering what it really means
Please consider what you wrote:
The standard for pre-IPO seems to me to be N number of options, at a particular strike price, 10-year expiration (or 90 days if you leave the company). That doesn't seem all that complicated to me, or deceptive.
NOWHERE in that is
What value do I bring the company
IN RETURN what percentage of the company am I getting
AT WHAT RATE will I be given that share of the company