3 ms·
I worked at a startup that was acquired. No one was able to retire and almost everyone continued working for the new company. We were put on a 3 year retention
by annoyingnoob 7y ago
I worked at a startup that was acquired. No one was able to retire and almost everyone continued working for the new company. We were put on a 3 year retention bonus plan. We got more financial resources but never really got the human resources we needed. Things were largely stable for the first year or so, then we started getting more influence from the new management team - things that were not productive. My job became exclusively about my daily turn over of 'story points', didn't matter if I was doing something useful just that I did something. By the third year the business had all but dried up and we had no clear direction. When the bonuses stopped I left. From my perspective, you need to make sure there is a valid business model and a clear vision to continue to be successful. Everyone one new and old needs to share the vision.