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For a company this small I don't think I'd let Google acquire us w/o hiring everyone. I doubt you'd get that. As of 2011, Google's pretty firm on regular emplo

For a company this small I don't think I'd let Google acquire us w/o hiring everyone. I doubt you'd get that. As of 2011, Google's pretty firm on regular employees of acquisitions being contractors first, and sub-80 conversion rates happen. Or at least really compensating the one they didn't hire. I agree. They should have done that. I think the founders took a deal that was good for them and failed to make sure it worked for everyone. She got a crappy severance; they got jobs at twice what they'd get under normal terms. Not that it excuses their betraying her, I think they were probably a bit panicked about their own job security. Maybe there is more to this story, but at face value, I think this is a failure of leadership to protect the team. They saved themselves. You could say that they weren't leaders, then. It's unclear what their other options were.

nissimk 13y ago
It's typical bad business. At such a small firm especially when the employees are underpaid with the expectation of some large payoff in the future, the management should ensure that there is a positive outcome for all of their employees. Unfortunately, this frequently does not happen. This scenario is similar to when companies sell out for a per share value below the employee stock option strike price and the senior people all have stock so they get paid while all of the option holders get nothing. Or the startup that fired a lot of their employees with unvested options just prior to the ipo announcement. These things happen and they are upsetting. There are many bad operators who wouldn't think twice about screwing over the people who helped them get where they are. On the other hand, there are folks who will try to do their best to make sure everyone comes out ok and these are the people who you should try to seek out.

nissimk 13y ago

It's typical bad business. At such a small firm especially when the employees are underpaid with the expectation of some large payoff in the future, the management should ensure that there is a positive outcome for all of their employees. Unfortunately, this frequently does not happen. This scenario is similar to when companies sell out for a per share value below the employee stock option strike price and the senior people all have stock so they get paid while all of the option holders get nothing. Or the startup that fired a lot of their employees with unvested options just prior to the ipo announcement. These things happen and they are upsetting. There are many bad operators who wouldn't think twice about screwing over the people who helped them get where they are. On the other hand, there are folks who will try to do their best to make sure everyone comes out ok and these are the people who you should try to seek out.