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There are a few types of acquisition: - everyone gets rich (including employees with equity) - founders and investors get rich, nobody else gets shit - inves
by cornel_io 3y ago
There are a few types of acquisition:
- everyone gets rich (including employees with equity)
- founders and investors get rich, nobody else gets shit
- investors get good return, founders get a bit, nobody else gets shit
- investors make mediocre return based on liquidation pref, nobody else gets shit
- nobody gets shit (but people keep their jobs in the acquirer)
In all but the first situation, you as an employee (even a high-up one) are basically being sold to another company without any upside, and whether or not you want to stay will depend 100% what you think about the acquirer.
- morbicer 3y agoEven in the latter cases the acquirer don't want to buy an empty she'll of a company = an IP without any people to service it. So the acquirer will offer some golden handcuffs, usually some stock options with delayed vesting to motivate the acquired to stay.
- pavel_lishin 3y ago> So the acquirer will offer some golden handcuffs, usually some stock options with delayed vesting to motivate the acquired to stay. Sometimes. Sometimes they're weirdly incompetent, treat everyone like shit, and then act surprised when half of the company leaves. Sometimes after that they'll offer a promise of a pittance bonus, and act surprised once again when yet another half of the company leaves after the meager bonus comes through.
- Conan_Kudo 3y agoYep. This happened in the most recent acquisition I experienced.
- dagw 3y agoSometimes they're weirdly incompetent, treat everyone like shit, and then act surprised when half of the company leaves. Honestly that seems to be the norm in my, admittedly limited, experience.