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I dont think an "Exit", as is commonly understood, implies that all employees get rich. Exits are for founders / top-level guys.
by jvanderbot 2y ago
I dont think an "Exit", as is commonly understood, implies that all employees get rich.
Exits are for founders / top-level guys.
- zamfi 2y agoAlright, but the founders here were already liquidly rich from their IPO? At lease one of the execs (Roberta) was super opposed. They didn't do it for the personal money, they did it because they thought their shareholders would sue them, at least in part, for turning out a deal that was too good to be true.
- jvanderbot 2y agoAssuming you know what the shareholders and founders and execs were thinking, then yeah - that might not qualify for my definition of exit
- zamfi 2y agoWell, that’s what they’re quoted as saying in the article!