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The Lala acquisition was worth a total of $160M. $80M up front, and $80M as an earn out (over time). When they left Apple early to do Color, they lost a huge ch
by OafTobark 14y ago
The Lala acquisition was worth a total of $160M. $80M up front, and $80M as an earn out (over time). When they left Apple early to do Color, they lost a huge chunk of that $80M (earn out money) because they left early before receiving it (vesting) which in the end was worth a lot more due to increase in stock value. Apple bought Color (and those same engineers returned to work at Apple) for a lot less than what they would have paid in the earn out had the engineers stayed and not leave for Color in the first place.
- johnchristopher 14y agoThanks a lot for taking the time to write it down for me! Much appreciated :) This makes much better sense to me now.