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by biztos
1942 days ago
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> do have to interview to remain employed Would that be a full-on interview as if they were applying for a job, or just some kind of "cultural fit" screening? It seems contradictory to me: if the hire is important enough to spend a lot of money on (even via an earn-out) then why alienate them with uncertainty about the offer? I guess the assumption is they don't have a better offer? But if a few key employees get together then don't they have the ability to scuttle the whole deal? "Keep doing this thing that Apple was willing to buy, but on better terms, and look for a new buyer" sounds like a pretty good alternative to "take Apple's earn-out on Apple's terms with nonzero risk of getting nothing." |
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This is another reason for the vesting payouts for employees. If there wasn't some reward, and you had to do a full interview, why not just interview somewhere else?
Regarding your last question, it is true that a cabal of disgruntled employees could cause problems for an acquihire. I have seen cases where the acquisition was contingent on a certain number of engineers passing the interviews. Another good reason for a big financial incentive.
I don't think that would lead to better terms in a new deal. The next buyer is likely to learn that the company's employees boned the interviews, which is going to look bad.