[bdittmer]

Recently happened to me. Founders raid the series c for liquidity. Take out a predatory note to keep the company afloat. Sell the company in a fire sale and reap transaction bonuses, RSU grants, etc. Common stock wiped out and those that built the company left with nothing. Lesson learned? It rarely pays to be an early employee at a startup.

[jhwang5]

Which company, if you don't me asking?

[zenlikethat]

Looks like Quri (https://angel.co/quri-1). All you had to do was Google OP's handle and dig into where they worked recently that had their characteristics

[gaius]

If the OP chose not to say, it’s unreasonable to doxx them

[gruez]

Posting company names isn't doxxing

[compsciphd]

I won't give the game away, but pretty easy to figure out...

[reagan83]

Those with questionable/poor ethics ethics should be called out. There is no reward for staying silent while people/companies do wrong by others.

[doorbumper]

The problem is that there is no reward for speaking up, while there is punishment for speaking up.

[hwrdprkns]

Definitely a great lesson to be learned. I'd be interested in some stats on the average payout percentage for engineers of acquired startups (broken down by tenure, obvi).

[firstplacelast]

Why can't all the employees just walk out and start a new business that directly competes? Cut out the founders completely.