options are so often unevenly distributed and eventually diluted to basically nothing that this is probably a better outcome for employees who’ve remained with the business.
They only have ~40 employees so if the sale price is ~150m, that’s hundreds of thousands of dollars per employee — much better than most people make out of the sale of their employer.
They only have ~40 employees so if the sale price is ~150m, that’s hundreds of thousands of dollars per employee — much better than most people make out of the sale of their employer.