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What's your position after the acquisition? CEO? Lead Developer? Founders shouldn't get too much special consideration-- they should be paid a fair rate for
by webwright 19y ago
What's your position after the acquisition? CEO? Lead Developer? Founders shouldn't get too much special consideration-- they should be paid a fair rate for the position they'll be filling.
Presumably the extra consideration for your startup is baked into the cash/stock part of the deal.
- sabat 19y agoNo special consideration for founders? Why would they stay?
- anamax 19y agoThe importance of "stay" is in the context of the acquiring company, not the acquired one.
- sabat 19y agoIf an acquiring company treats founding employees the same way it treats the other acquired employees, the founders are likely to run for the door the moment they legally can. Maybe that's OK as far as the acquiring company is concerned. Maybe not.
- webwright 19y agoThe special consideration is in the stock options and MAYBE the subsequent position they are offered and not necessarily in the relative compensation for that position. They usually DON'T stay. But when they do, it's usually due to stock option vesting plans.