Bolt gives all employees early exercising and loans for stock options (twitter.com)

> There IS risk to the employee; they now have a real loan outstanding and 100% personal recourse, so if the common stock becomes less than exercise price, their personal assets are on the hook [1]

This seems insane. All they're doing is giving employees the means to take on a very large amount of debt/risk.

[1] https://twitter.com/theryanking/status/1493390184897032201