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As a founder it makes a ton of sense to sell early. Cashing out for $2M (or whatever) for 18 months work is hard to say no to. For an employee with <5% equity t
by staunch 16y ago
As a founder it makes a ton of sense to sell early. Cashing out for $2M (or whatever) for 18 months work is hard to say no to. For an employee with <5% equity though it can't be all that great. If the decision was yours alone and you were acting in a purely financially self-interested way what would you have done?
- wyclif 16y agoFor an employee with <5% equity though it can't be all that great But since this thread is about acquisition by Google, don't forget that many of those employees that drew <5% now work for Google. Some continued working on the acquired product, and some might be reassigned to an existing or new project. It seems to me that isn't a particularly bad situation for an equity employee.