tj100
Senior Member
- Joined
- May 4, 2009
- Messages
- 655
- Reaction score
- 22
+1 .. should be in the pennies.. or in the .05 range
Why? As a founder, you're not trying to give money away. You're trying to encourage good employees to stick it out through the early days with a potential payoff at the end. I don't think I've ever seen options priced below $0.50, and early-rounders at $1.00-$2.00 are pretty normal.
Ultimately, strike price only matters to people who plan to leave the company before the exit/IPO - and why should I (as the founder) want to 'take care' of those people? We should be in this together, not to make a quick buck.