4 ms·
One forgotten aspect of this PE taking over established businesses is that are the employees. I saw some cases where the company gave stock options for employe
by braza 3y ago
One forgotten aspect of this PE taking over established businesses is that are the employees.
I saw some cases where the company gave stock options for employees and kept everyone hanging due to a promise of an IPO and when the whole thing scrubs, the founders sells to the PE and the first measure is to expire all the options from the employee pool [1].
Honestly I think the whole thing about options with the rise of PE and this brutal aspect to get best financial resources is over for any person joining wanting to have a more outsized exit.
[1] - https://news.ycombinator.com/item?id=28561054 https://news.ycombinator.com/item?id=28561054