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Google initially was talking about an investment or purchase, but the discussion soon devolved into an acqui-hire situation. But in reality an acqui-hire was t
by debacle 12y ago
Google initially was talking about an investment or purchase, but the discussion soon devolved into an acqui-hire situation.
But in reality an acqui-hire was the intent all along, Google was just being deceptive.
- julien_c 12y agoIs 2M still an acqui-hire though? Even in Silicon Valley? Where's the threshold between acqui-hires and acquisitions these days?
- cromwellian 12y ago$2M is basically a large signing bonus. I think for most companies, like Google, FB, et al, something like $2M doesn't even need board signoff, it's basically a restricted stock grant as a bonus with clawback provisions.
- julien_c 12y agoIs it a common occurence to get a 1M+ signing bonus at Google or FB?
- cromwellian 12y agoI'm speaking of a bonus obtained through a corp-dev situation, in lieu of an actual acquisition. I don't know how common it is in general recruitment.
- Kiro 12y ago> Google initially was talking about an investment or purchase I don't see anything like that. Also, what’s the difference between a purchase and acquihire in this case? Both would surely mean an employment at Google.
- forgottenpass 12y agowhat’s the difference Off the top of my head? Price, role at Google post accusation, golden handcuffs.