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If there were 10 engineers, no one else, and no investors, and they each had 10% of the company, and that company sold for $100M, then they would have each gott
by ci5er 10y ago
If there were 10 engineers, no one else, and no investors, and they each had 10% of the company, and that company sold for $100M, then they would have each gotten 10% of the company.
But that's not likely.
From the point of view of a buyer who spent $100M and got 10 engineers out of the deal, the cost was $10M/engineer, whether the engineers each got $10M injected into their pockets or not.
- wott 10y ago> From the point of view of a buyer who spent $100M and got 10 engineers out of the deal, the cost was $10M/engineer That's not even so: he didn't buy the engineers, they are not his property and they are free to walk away the day after, so he hardly got them. For a day, OK :-)
- ci5er 10y agoWell, sure - you're right. They outlawed slavery; that's why they have lockup provisions. In acquihire-land, that's the short-hand terminology that is often used. I'm sure there are more precise (and lengthy) ways to say the same thing.