tazoo

It is the strike price.

The company could IPO within 4 years, but I would put that at maybe a 20% possibility.

But you are right. This is a fast moving industry. The company could fold tomorrow. I could move to another startup or company.

Sure the expected value can be zero. I know that options are essentially a lottery ticket. I'm just not sure if these options are very little or enough or a lot.

The company is still growing fast. Incredibly fast actually.

I am fine with purely the base compensation.