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I think it is a more practical concern: You don't want a good chunk of your employees leaving immediately when the company gets acquired. Many early startups, f
by icedchai 6y ago
I think it is a more practical concern: You don't want a good chunk of your employees leaving immediately when the company gets acquired. Many early startups, for example, have a bunch of code that is worth very little without the people who know how it works.
- shay_ker 6y agoi hear that, but isn't that also a problem for the founders leaving as well? iirc, most (good?) acquisition agreements come under the condition that the founders stay on for a period of time and hit performance goals, and i'm assuming this still includes accelerated vesting. i guess i'm wondering why that doesn't apply to employees?
- adamw2k 6y agoFounders get golden handcuffs via the deal (if they're desired). At the end of the day, just about every "material" trigger is renegotiated in an acquisition...