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by anoncowherd 4578 days ago
You want honesty?

How about:

"Thanks again for your support of Product since our launch. It means we're now in a position to get acquired by Yahoo. In other words, your support means we get money. We could gush about how much you mean to us, but really, we're running a business here, with the explicit goal of making money. We've done that now, so, thanks!"

1 comments

    After the liquidation preference the founders
    (probably 1-3 people) are likely to get 90%
    of the remaining proceeds and the staff –
    those engineers that the acquiring company
    so desperately wants – would ordinarily
    receive a very small proportion.
http://www.bothsidesofthetable.com/2013/05/13/the-corrosive-...

Hopefully Ptch employees were making market wages, because an acquihire certainly won't net them much of anything.