3 ms·
So much for the S-1. Interesting move. If your goal is to work on software this seems like a pretty good deal for the CEO - 51% of the new spin-off and a bunch
by sailfast 10y ago
So much for the S-1. Interesting move. If your goal is to work on software this seems like a pretty good deal for the CEO - 51% of the new spin-off and a bunch of cash and 10 years of "guaranteed" license revenue. Was this an LBO or straight cash? Anybody know? Been reading Barbarians at the Gate lately and have taken a new interest in management agreements and payouts in these things.