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Ask HN: Forced buyout, what should I do?
So, the CEO of a company I worked for wants to buyout all ex-employees. I kinda wrote this company off, but today I got a surprising phone call. A lowball offer was forced upon me. I'm still waiting for all the documents, but from the phone call I somehow got the feeling that I don't have much of a choice here. Here is some more background info, since it is not a US-based company:
- Company based in the Netherlands
- Equity for employees is in a pool called STAK with a vesting scheme.
- Last year the company had another funding round. (Rather dissapointing from what I heard, and only one investor)
I have doubts about the current valuation and offer of the company. I also have my doubts on the forced buyout. What would be a wise course of action? I can lawyer up, but maybe that is just a waste of money?