"Furthermore, it's delayed and potential gratification."
Agreed with your post entirely, though potential is a very optimistic word to use there... "unlikely" might be better.
"Second, your company may be valued at $400M, but my options are worthless until you get acquired, sell, or IPO."
Assuming we are talking about common stock options they might even be worthless after any of those 3 things happens, depending upon factors outside of your control like dilution.
Agreed with your post entirely, though potential is a very optimistic word to use there... "unlikely" might be better.
"Second, your company may be valued at $400M, but my options are worthless until you get acquired, sell, or IPO."
Assuming we are talking about common stock options they might even be worthless after any of those 3 things happens, depending upon factors outside of your control like dilution.