4 ms·
It wouldn't feel great seeing this as an employee of the company. The only reason you are not sold to the highest bidder was because the ceo got played.
by zyang 7y ago
It wouldn't feel great seeing this as an employee of the company. The only reason you are not sold to the highest bidder was because the ceo got played.
- unlinked_dll 7y agoI fucking wish some of the companies I've been at sold to the highest bidder when they had the chance. Exits are better than layoffs.
- tuesday20 7y agoThere is always a non insignificant chance that exits will be followed by layoffs
- unlinked_dll 7y agoTrue, but layoff + severance < layoff + severance + liquidity event
- brianwawok 7y agoHow about cases where due to liquidity preferences, no one but founders get money at the liquidity event? A small exit is often 0 for employees.
- unlinked_dll 7y agothen you worked at a bad company with a bad outlook and should have been prepping to leave anyway?
- gregmac 7y agoWhy? Do you have previous experience selling a company? If you were in his place, what would you have done differently to avoid being "played"?
- war1025 7y ago> The only reason you are not sold to the highest bidder was because the ceo got played. The truth is that the only reason you aren't sold to the highest bidder is that there was no highest bidder interested in buying. Just people motivated enough to do the courting rituals required to get a peek beneath the sheets.
- Shpigford 7y agoI think it's a company culture thing. I mean, I could have kept it buried and just hope nobody at the company found out but that's not how we roll. ¯\_(ツ)_/¯