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Mailchimp just got bought for $12B, and employees own no equity
- quantified 5y agoEmployees signed up to own nothing. God love them. Why is this news? Were they duped, or did they all just benevolently sign up to make a few others wealthy? Same goes on with pretty much every PE-owned company as well, not really worth a story.
- megaman821 5y agoBy all accounts MailChimp employees have been well compensated for the last 2 decades. They are all getting bonuses after this acquisition. Why should the suddenly get equity now? I doubt many employees were willing to trade salary for equity before this exit. Anyways, looking forward to more of Ellen Pao's stupid hot takes.