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My husband was an early employee in a privately-held games company that was purchased for a similar amount. Only the founders and a couple of employees from day
by gamble 16y ago
My husband was an early employee in a privately-held games company that was purchased for a similar amount. Only the founders and a couple of employees from day one were made rich, in the "FU money" sense. OTOH, it was a games company so no one went in expecting a payoff. The retention bonuses were also extremely generous.
The reality in almost every startup is that only the founders are going to see a payoff, no matter how big the acquisition is. Calibrate your behavior accordingly.