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and the rest of the 178 employees will each receive $371,000. So they get a one-time mid-level banking bonus, and now they work for a completely different comp
by michaelochurch 13y ago
and the rest of the 178 employees will each receive $371,000.
So they get a one-time mid-level banking bonus, and now they work for a completely different company and almost certainly in positions lower than what they used to have.
VCs would quit given year-end bonuses like that.
- ry0ohki 13y agoThey did get paid a salary, benefits, etc... they took almost none of the risk that would be worth a higher reward