“I’ve generally explained to each of them why stock options are nice, but are worth much less than may think. I don’t persuade them against accepting the offer because I think you should be willing to take a pay cut to learn and do more at a startup than you would learn and do at a big company. I just tell my friends that they should never optimize for options, but optimize for an experience. “- Benjy Boxer
The Real Value of Stock Options, by Benjy Boxer.