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I just kept scrolling down and was thinking 'okay... maybe they weren't that great of a worker?' and then they claim that they both came up with the company ide
by supergauntlet 13y ago
I just kept scrolling down and was thinking 'okay... maybe they weren't that great of a worker?' and then they claim that they both came up with the company idea and the UI/UX. If that's true that's all kinds of fucked.
- tim333 13y agoI imagine if it becomes public Google would be shamed into doing something. It wouldn't make them look very good.
- ericd 13y agoIt seems like it's already becoming public. But yeah, I'm not a fan of how acquihires work at all - if you own 20% of the company's stock, you should get 20% of the payout upon acquisition. Otherwise, those employment and investment terms are significantly less meaningful.
- ac2u 13y agoThis isn't just with acquihires though, the liquidation preferences set out in the term sheet for a round of investment in general could yield the same result in any sort of liquidation event. I suppose it's all the more reason to have a good lawyer and know what you're signing.