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VC looking for an aquihire payout. I haven’t looked, but perhaps some of the team is ex-FAANG and the VC is counting on a purchase price > $5mil.
by jboy55 3y ago
VC looking for an aquihire payout. I haven’t looked, but perhaps some of the team is ex-FAANG and the VC is counting on a purchase price > $5mil.
- rickette 3y agoDo aquihires go for that kind of money? I expect these to be much much lower.
- jboy55 3y agoDepends on who, I've seen an aquihire for around 7 engs with pedigree go for around 30 million. Now that company had taken on around 20m in VC and had developed a product... but that product was immediately thrown away by the acquiring company and the devs assigned to existing work.