[kariatx]

I think a more interesting question is what sort of responsibility Gowalla founders had to its employees. I've noticed that a good number of employees aren't staying on with the Facebook transition (by my count, only a small minority are going on to Palo Alto). Maybe they had better offers elsewhere, but considering some people are opting for uncertainty / unemployment, my speculation is that they got the short end of the stick with this one.

[rdouble]

Early stage startup employees usually get hosed except in IPOs.