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> The deal will mean the Pebble stock held by employees is worthless, two of the people said. The money will instead go to debt holders, vendors, some of its ma
by ohsnapman 10y ago
> The deal will mean the Pebble stock held by employees is worthless, two of the people said. The money will instead go to debt holders, vendors, some of its main equity investors, and Kickstarter refunds for the Time 2 and Pebble Core orders, the people said.
https://www.bloomberg.com/news/articles/2016-12-07/pebble-said-to-discuss-selling-software-assets-to-fitbit https://www.bloomberg.com/news/articles/2016-12-07/pebble-sa...