[crystaln]

Startups that pay employees well are not scams for employees. Startups that give >0.1% are not scams.

Anyone getting 0.0002% expecting to get rich is not being scammed, they are being stupid.

[sjg007]

So many startups don't even give out the % your options are..

[shiftb]

You can always ask the number of shares outstanding and calculate it yourself.

[rahimnathwani]

You would also need to know the # of options outstanding. You can't really calculate the value of options without knowing the complete cap table, and details of different share classes (particular liquidation preferences).

I don't know whether it's common for small companies to share all of this information outside the senior team or potential hires for that team.

[sjg007]

Yeah, I've gotten absolutely no where when I've asked.

[rahimnathwani]

In that situation, I would assume the value to be zero for the purpose of decision-making.

@sjg007 email me if you want to discuss in more detail (address in profile).