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I'm not sure they feel ashamed or should; USD 0.7 billion solves a lot of problems for the owners/employees. What was your offer?
by libria 5y ago
I'm not sure they feel ashamed or should; USD 0.7 billion solves a lot of problems for the owners/employees.
What was your offer?
- timdiggerm 5y agoYou've conflated might with right, I think. It's pretty clear the comment you're replying to was not judging this on financial terms.
- duckfang 5y ago> I'm not sure they feel ashamed or should; USD 0.7 billion solves a lot of problems for the owners/employees. Selling a company ALMOST NEVER benefits the employees. It ALMOST ALWAYS benefits the owners who sell. And giving the snarky AF comment of "What was your offer?" is asinine and you should be ashamed of even going there.
- kragen 5y agoMost high-tech startups have a significant percentage of their stock held by their employees, though I don't know if that was the case here; Torrone's note about hackaday's history suggests otherwise.
- throwaway2048 5y agoI doubt it solves a lot of problems for the employees