{ "media_type": "text", "post_content": "A startup offered me 700 “Options” in addition to base + bonus. Do y’all think this lets me buy 700 shares in the future or 70,000 (700 x 100 shares per contract)?", "post_id": "60809f36d5721100225e6f4f", "reply_count": 8, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

A startup offered me 700 “Options” in addition to base + bonus. Do y’all think this lets me buy 700 shares in the future or 70,000 (700 x 100 shares per contract)?

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700 shares. Companies can’t give options contracts, being derivative investments.

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I agree this sounds like shares not options contracts.

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Ask. Your. Recruiter.

likesmart

70,000

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70k shares

It's 700 shares. Companies don't create or reward with derivative contracts. They will also tell you the exercise price and the number of outstanding options, shares and the total authorized. You want all these to value your options.

Also wanted to highlight that you still have to buy them at the exercise price. Unless it’s a penny stock or youre an executive 70,000 shares would be a huge investment

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70M dogeshares

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