A reasonable argument for a 90-day exercise window could have been: employees are told upfront that they need to remain with the company through a liquidity eve

A reasonable argument for a 90-day exercise window could have been: employees are told upfront that they need to remain with the company through a liquidity event for their options to be worth anything. The incentive to stay is both transparent and explicit. And aligns everyone's incentives, e.g. long-tenured employees perform better, making the startup's equity worth more, enriching the employee who stayed through the IPO. The arguments in this article however were wholly incoherent.