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Understanding Stock Options

I wrote a long blog post tonight on an oft-misunderstood subject: stock options at startups. I tried to use lots of examples from our company to hopefully help others understand the specifics: http://bit.ly/PkYNRV
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Andrei Petrik's profile photoPaul Wistrand's profile photoNick Martini's profile photoWill Frei's profile photo
 
Thanks for this. And the links.
I never that imagined anyone could be so transparent with their company's numbers. I highly admire entrepreneurs who talk about the true challenges faced by a start-up. Thanks for letting us in your doors man.
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