Agree, after doing several start-ups in my past , GLFD, DCDE, VERT what they all have in common is that none of them are independent companies today and one is out of business, why? Because of inept management who felt the cash on hand was a license to party till the money ran out with little sales coming in. Anyone that is considering their offer please note the cash burn rate when all of the sales reps are hired and pay attention to drunken sailor spending at meetings.
While I appreciated the increase in my options most of the time options are worthless esp. if NPS's balance sheet scares investors who are crying for increased return on their investment. To much to risk in this economy, if you have a good job but are unhappy may want to hold out for the next start up and avoid the warning signs this group of managers bring from their past, UCB, Shire, Genzyme what do they have in common? Failure in their divisions and partying drunken fests spending widely when sales are down, it's a set up to fail like many biotechs. I can understand if you are unemployed and need a job, Merry Christmas. Sorry but I will not accept any offer to much to risk for so little in return.