Is It an Incentive for Recruiting?

It seems more like it's an incentive for particularly early stage start ups, where employees just don't find stock options as attractive a benefit any more. If you're worried that your options are going to be worthless then surely baring against them is a really bad idea. Options are like a lottery ticket. You know, if you're the kind of person who's going to attack company, you sort of understand that now. I still think there's a pretty good chance the decadent end up being worthless.