And here's Lloyd [0]. Lloyd won $5m. Does Lloyd's experience inform us about buying lottery tickets any more or less than Bob's? Is Bob representative?
Hey, look, if you can get a full salary, benefits and stock, then you're not losing anything. But anyone who sacrifices salary in the expectation that the stock options are going to be bigger is just playing the lottery.
My point is simply calculating expected value. If you can't actually do that calculation, there are a lot of activities you should stay away from. The lottery, poker, and startups all immediately come to mind. You may also want to reconsider getting in a car or crossing the street. Low probability of an event multiplied by a large outcome is not zero. It may be low (I do get in cars and cross the street) but people do regularly win the lottery, make money from stock, hit a straight on the river, and get hit by cars.
Hey, look, if you can get a full salary, benefits and stock, then you're not losing anything. But anyone who sacrifices salary in the expectation that the stock options are going to be bigger is just playing the lottery.
[0] http://www.calottery.com/media/press-releases/press-release?...