Databricks closes in on multibillion funding round at $55B to cash out employees (cnbc.com)

30 points by hulahoof 1y ago ↗ HN

6 comments

[ 3.9 ms ] story [ 27.9 ms ] thread

So Databricks is pulling a Tanium or Stripe...

mslate 1y ago ↗

Pulling a Tanium would be to fire people right ahead of their vesting cliff:

Why your employees want to “cash out” if they believe the company is able to go for a successful ipo?

Would you purchase their stock at a 55B valuation?

The more important question is, would Satya Nadella?

Congratulations to all of the employees at Databricks. This is a huge milestone.