4 ms·

A little more than [the customary] six months, but not much.

by Tloewald 13y ago

philip1209 13y ago
Are golden handcuffs not typical at that deal size?
- brown 13y ago
  2-4 years is standard. I bet he left a lot of cash on the table.
- jusben1369 13y ago
  It depends. I think acqui-hires have kind of impacted that impression. For larger startups that are acquired many times it's assume that the founder/entrepreneur will not go over with the acquisition. All parties understand they just won't be interested/do well inside a bigger corp. So the COO/CFO/Head of Sales often is the new "number 1" that stays and ensures a smoother transition. It's hard for me to undertsand if that's what happened here: "After selling map-software provider Waze to Google for $1.1 billion last June, the 49-year-old Israeli decided not to join the ranks of his famous acquirer." that would seem to read like he never went over at all.
- hueving 13y ago
  It really depends. If Waze was large enough the founder may have been hands off from the engineering side at that point so he wouldn't have much value to Google at that point. Golden handcuffs are usually attached to the employees that have essential technical knowledge.
jack-r-abbit 13y ago
> [Uri Levine] decided not to join the ranks of his famous acquirer I think that means he was not acqui-hired. He didn't work for Google after the sale. He just took his money and moved on. Lots of employees of acquired companies don't join their acquirer for one reason or another. I suppose that can work for founders too. I've read of a few founders that were disappointed once they were acqui-hired because they lost control of something they had built... but still have to work on it.
- oznathan 13y ago
  Uri wasn't full-time at Waze for a while now.. he co-founded Feex almost 2 years ago, and he's also not full time there. He does a lot of angel investments. I don't think that him joining Google was every a possibility.

A little more than [the customary] six months, but not much.

philip1209 13y ago

Are golden handcuffs not typical at that deal size?

brown 13y ago
2-4 years is standard. I bet he left a lot of cash on the table.
jusben1369 13y ago
It depends. I think acqui-hires have kind of impacted that impression. For larger startups that are acquired many times it's assume that the founder/entrepreneur will not go over with the acquisition. All parties understand they just won't be interested/do well inside a bigger corp. So the COO/CFO/Head of Sales often is the new "number 1" that stays and ensures a smoother transition. It's hard for me to undertsand if that's what happened here: "After selling map-software provider Waze to Google for $1.1 billion last June, the 49-year-old Israeli decided not to join the ranks of his famous acquirer." that would seem to read like he never went over at all.
hueving 13y ago
It really depends. If Waze was large enough the founder may have been hands off from the engineering side at that point so he wouldn't have much value to Google at that point. Golden handcuffs are usually attached to the employees that have essential technical knowledge.

jack-r-abbit 13y ago

> [Uri Levine] decided not to join the ranks of his famous acquirer I think that means he was not acqui-hired. He didn't work for Google after the sale. He just took his money and moved on. Lots of employees of acquired companies don't join their acquirer for one reason or another. I suppose that can work for founders too. I've read of a few founders that were disappointed once they were acqui-hired because they lost control of something they had built... but still have to work on it.

oznathan 13y ago
Uri wasn't full-time at Waze for a while now.. he co-founded Feex almost 2 years ago, and he's also not full time there. He does a lot of angel investments. I don't think that him joining Google was every a possibility.