Hacker News new | ask | show | jobs
by AdmiralAsshat 3913 days ago
That's funny. The LogMeIn employees have a financial stake in making sure that people DON'T exit en masse after the acquisition. I wonder why?

I would caution, then, that any interviews given by any staffer to the effect of "LastPass is not changing, your data is perfectly safe with LogMeIn, the prices will not skyrocket, etc." over the next few months should be taken with a grain of salt, since they quite literally have $15 million riding on you not leaving.

2 comments

As opposed to any other acquisition (excl. acquihires) where the company doesn't have any incentive to keep customers at all and therefore everything they say must be completely true?
That's a whole lot to infer from that. Holding a significant portion of the sale in escrow pending retention, legal requirements, and other issues is pretty standard practice.