3 ms·
I wonder what drives people at this stage of success. The article talks about a fight regarding weather or not to implement a TV like service into Instagram.
by TekMol 8y ago
I wonder what drives people at this stage of success.
The article talks about a fight regarding weather or not to implement a TV like service into Instagram.
When you have built something like Instagram, is that really the next step you deeply care about? Implementing the next feature?
- macawfish 8y agoThey're trying to milk it for all the money they can get at this point. Very sad.
- noobermin 8y agoI guess it's hard, sort of like staying for the kids. The thing is they built ig, and now they are literally letting it go in fb's hands just to get away from Zuckerberg. Either "six years was enough" is at least 30% or some small fraction to make the difference or they must have faced some serious strife and conflict to prompt them to leave under these circumstances.
- wmeredith 8y agoI'm not a fan of Zuck or FB, but they did sell it (for more money than most users on this board will see in their lifetime). It's not like it was stolen and they have to walk away.
- lozenge 8y agoThey have already let it go, the question is whether they want to be around while Zuckerberg' s vision is imposed on their kid.
- anon49124 8y agoVesting schedule, eg, golden handcuffs, that are part of the terms of the m&a deal. They (usually) don't just hand you only a pile of stock, they want the tech founders to keep working on this thing as long as possible, so that they're a) not building something else cool that someone else will buy and b) keep any other corp from hiring them (talent m&a play). Put up with random crap at gigacorp until you can walk away with another X deci/centimillion$.
- Simon_says 8y agoIs it possible that 6 years was their vesting schedule?