3 ms·
Seems like a poorly negotiated acquisition if your employees don't get anything of value out of it. Hell of a way to encourage work.
by duaneb 10y ago
Seems like a poorly negotiated acquisition if your employees don't get anything of value out of it. Hell of a way to encourage work.
- icedchai 10y agoIt does leave a bad taste in employees' mouths. When I left my last company (which acquired the startup I was an early employee at), I did exercise most of my options (all the ones at the lowest strike price.) Just in case. It cost me about $5K. Maybe it will amount to something...
- st3v3r 10y agoDepends on who's point you look at it from. The investors and the founders get to make out pretty well, so to them it's a success. The acquiring company doesn't have to pay a lot of employees actual money, and they give them something which handcuffs them to the company for a while, so to them it's a success.