Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

Anticipating being offered stock options in a privately held company upon employment. What questions should I ask?
The company doesn't necessarily have to go public. They can also be worth money if the company is acquired. Also keep in mind that even if the company does eventually go public, your shares can essentially be wiped out by a round of pre-IPO funding that gives the company a low valuation. You could ask: