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weaklearner
2615 days ago
I don't have a citation here but I think facebook tried to create a slow vesting schedule for these aquihires so they would have golden shackles
1 comments
the_watcher
2614 days ago
Is this just your assumption? The WhatsApp acquisition was pretty famously on a 4 year vest [0], not sure why IG would have been different.
[0]
https://www.businessinsider.com/whatsapp-founder-jan-koum-re...
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kerng
2614 days ago
It's also not uncommon for companies to drop that and have majority vest quicker to get rid of founders faster (provide a good encouraging deal) - especially if they dont play ball.
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weaklearner
2614 days ago
mmm I was pretty sure I read it. I cannot find the reference so I think you are right. I'm going to edit my comment.
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[0] https://www.businessinsider.com/whatsapp-founder-jan-koum-re...