To answer your question: No. Stock options aren't worth as much as shares, because if they were, there would be no reason to not just buy the stock outright. The price of an option is based on the different between the current price (whatever that is) and the strike price (which in your case is 35 cents) with a floor of 0, plus some time value based on the volatility of the price or more intuitively, the likelihood that the price will go up (for a "call" option, which is technically what you are being offered).
Let's address the numbers side of the equation. You really haven't provided enough information to really compare the options you are being offered against an offer for stock outright. The offer includes the option to buy 10,000 shares for 35 cents each. But without some idea of the current valuation of the stock that 35 cent number is meaningless.
The first thing I would do is ask for figures from the previous rounds of private offerings that the company made, as well as how much the next upcoming round is going to be for. For instance, maybe the company did an offering at 10 cents, 20 cents, and 25 cents and is planning on doing another round at 50 cents in 6 months. Knowing when the previous rounds were as well as the probable time frame of the next round will allow you to plot a chart showing the valuation over time. Note that since this is offering valuations, it's not going to be as accurate as if the company were public, as it's basically just a measure of how much a few sophisticated investors think the company is worth to them (keep in mind, many of them may just be estimating the likelihood of a higher exit price, not how well the company does in the long term) and how much the company thinks it can command in another offering.
If you take the amount of the previous offering and the amount of the planned offering and chart them against time, you can draw a line between the two points to get a rough estimate of what the current price might be. Personally I would lower that estimate a little unless the next round valuation was already locked in and at least a few investors subscribed.
As I mentioned, the actual value of an option is not only based on the difference between the current stock price and the strike price (35 cents) but also how long you have to exercise the option. If the options expire next year, you have much less of a chance to wait for the price to go higher than if you can exercise for 5 years, for example. Because of this, even if the stock price is lower than the strike price there is some value to the options. If you want to calculate this you can search for the "Black Scholes" model.
Another thing to note is that if you are offered the choice between options and shares, the options option should always be for more shares than the outright stock grant, because the option for a share is only worth a (sometimes small) percentage of the price of a share. So if you were granted the option for 10,000 shares at 35 cents, this would be equivalent to some smaller number of actual shares outright, anywhere between 500 and 2500 would be my guess. Because of this, if I had to guess I would say that your options are not worth $8k unless the last funding round was done for a substantial amount more than 35 cents. For instance, if the last round was funded at $1 then the options would be worth $6500 plus time value, so it would likely be worth it (if you got stock outright you could expect 8000 shares), whereas if the last round was funded at only 50 cents, they would only be worth $1500 plus time value (whereas with stock outright you could get 16000 shares, which is more than the number of options offered). Depending on how soon the next round was and its expected valuation this could change the expected value as well as you might use valuations closer to that price.