[jonathankoren]

Depends. I don't know what the acquisition price was but given that they're shutting it down, I'm thinking it was in tens of millions range, which makes it an aquihire. Assuming they raised low to mid tens of funding, The investors probably have a 1x or more a preference on the sale. This means the leftover value is in the low to mid ones of millions. I love that you're getting 0.1% So we're talking like ones of thousands of dollars for an engineer after two years of work at probably less than market rate salary.

Given that your equity package at a large company would be is late and 50 times that per year yeah the engineers didn't come out ahead so it's a fail.

[mofirouz]

I have to agree with @csmajorfive - This is quite wrong from both a factual numeric point of view as well as guesstimates on what percentage that investors/founders/employees got.

[csmajorfive]

This is wildly wrong.

[itsweller]

Baseless conjecture shot down immediately by someone intimately involved with the project is truly something beautiful to behold.

Are you at liberty to discuss the actual reasons and shed a bit more light on why things went down the way they did?

Side note, your product was unbelievably popular at my university. Parse made getting a functional DB up and running for courses and side projects completely painless and a no-brainer for tight deadlines and PoCs.

[rawrmaan]

I have no idea what you're talking about. Facebook is very generous with equity for employees and I"m sure the founders got a good deal.

[jonathankoren]

I don't give a shit about the founders I'm talking about the employees.