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by deanmoriarty 1959 days ago
If I were a founder, I would give the ability to all my employees to convert ISO (with 90 days window) to NQSO (with 10 year window) and completely avoid the problem.

As far as financials go, sounds like your company agreed to higher liquidation preferences, so probably nothing shady going on. Just poor business decisions that may have been necessary at some point.