2 ms·
probably because the acquisition would not happen at all without the employee retention, and the investors had a mandate to exit for whatever reason. or manage
by beachstartup 10y ago
probably because the acquisition would not happen at all without the employee retention, and the investors had a mandate to exit for whatever reason.
or management simply hijacked the company.
- jdavis703 10y agoI've been an insider in a similar deal. A lot of times it's this, or let the company go through a messy, potentially headline grabbing, bankruptcy. A lot of times in this situation the acquiring company is doing the deal for the talent, and they need to be sure the talent stays around for a while, otherwise the deal would be worthless.