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by duckfang 1847 days ago
> I'm not sure they feel ashamed or should; USD 0.7 billion solves a lot of problems for the owners/employees.

Selling a company ALMOST NEVER benefits the employees.

It ALMOST ALWAYS benefits the owners who sell.

And giving the snarky AF comment of "What was your offer?" is asinine and you should be ashamed of even going there.

1 comments

Most high-tech startups have a significant percentage of their stock held by their employees, though I don't know if that was the case here; Torrone's note about hackaday's history suggests otherwise.