[somic]

Good article. Bottom line is employees need to be aware what can happen and how future rounds of financing, among other things, could affect their equity comp. The more articles and blog posts about it, the better.

There is no one-size-fits-all recommendation though. Everybody is different, and everybody's situation is different. What works for me won't necessarily work for you.

Equity comp, especially in non-publicly-traded companies, indeed is closer to a lottery than a lot of people think, and articles like this are helpful because they are educating people about it.

I also once wrote a blog post about this topic - http://www.somic.org/2015/12/28/on-employees-investing-in-th...