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Well, everyone gets nothing except the people with the retention bonuses - the employees. So, money was funneled from rich VCs to workers? I'm... okay with thi
by gorena 11y ago
Well, everyone gets nothing except the people with the retention bonuses - the employees.
So, money was funneled from rich VCs to workers? I'm... okay with this.
- swang 11y agoArticle says VCs got their money back, which in all likelihood means employees got nothing.
- gorena 11y agoIn my experience with acquihires the employees usually end up with a pretty nice package of RSUs, while the VCs take a huge loss. They don't make money on the exit, but they do well.