[dpiers]

I had a former employer call once and ask me to sign a form confirming that I had opted not to exercise the stock options worth 0.125% of the company when I left.

They were raising a new round and my old grant was a sticking point because the new investors weren't content with the company not having a record of my exercise.

I signed because it helped them out, cost me nothing and seemed like the right thing to do. Just think it was funny that a VC was so averse to dead equity that they made the company make sure someone who wasn't on the cap table agreed that they weren't on the cap table.