logoalt Hacker News

swyxyesterday at 4:05 PM1 replyview on HN

what if you had joined at neon's previous valuation (whatever it was) and got a sudden payday (assuming you had juuuust enough vesting)


Replies

Robdel12yesterday at 5:20 PM

I was a very early employee at the other two start ups that were acquired and even with equity it was not worth it. After all the class A shares were paid out, the rest of us got little.

I mean, hindsight 20/20 here, but I would have loved the theoretical money @ 1 billion. But those are so rare and my experience in the past 15 years hasn’t matched those unicorns.

Basically I’ve come to the conclusion unless you have serious equity or you’re a founder, acquisition suck. You’re the one doing the work making these two companies come together, while the founders usually bounce or are stripped of any real power to change things.

show 1 reply