[stu2b50]

According to Ryan Brewslow,

> There IS risk to the employee; they now have a real loan outstanding and 100% personal recourse, so if the common stock becomes less than exercise price, their personal assets are on the hook

So I suppose the bank will be after your personal assets?

[onlyrealcuzzo]

It's usually quite rare for startups to offer good equity.

HOPEFULLY this loan isn't a lot more than OP's salary. And theoretically, they can be sold for a decent percentage of the principal.

[ta988]

Ain't gonna happen they will be worthless.

[onlyrealcuzzo]

They shouldn't be worthless yet. And OP should be able to sell them.