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Important context from the tweet:

> This transaction is structured so that 100% of Windsurf employees will participate financially. They will also have all vesting cliffs waived and will receive fully accelerated vesting for their work to date.

Is this purely the rump company left over from the Google pseudo-acquistion? Or does this mean that deal fell through?

Does this represent confirmation that there was no pro-rata compensation to common share holders in the Google deal?

I just have so many questions.

What does this actually mean for the product? Huge fan of the plugin on Jetbrains products...
I was a bit confused as to what "Cognition" was, but they're the makers of Devin (edit: that just got added to the title, for reference), so that makes sense. Just buying the competition, the only surprise is they had more money to spend than the big ones.
so devin gets the leftover remains of windsurf to fix their agentic AI ide that wasn't working in the first place?
Wait, so Google picks up the talent, and Devin picks up the brand/product? This is so confusing!
Must have been acquired for an extreme discount far from the $3B offer from OpenAI and Windsurf's (alleged) valuation of $1.3BN.

Cognition being worth $4B with Devin being raced to zero by Claude Code also undercutting both Windsurf and Cursor have a very steep hill to climb.

Having both Devin and Windsurf will just make them raise more money as they burn through their operational costs.

Having been acquired by Google, there is always a leeway for the execs to take the employees with them. Google is a weak negotiator when they NEED something.

On the other hand, I can imagine the execs taking Google golden handcuffs while trying to close the Cognition deal so the employees are made whole or maybe even on better terms than if they all went to Google.

I’m really confused now. Also, is there really that much of a transformative difference between Windsurf and say OpenAI/Claude etc to warrant this crazy valuations?
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I hope Windsurf employees made some money in this whole kerfuffle. Would be terrible if they got left out of the payday.
> 100% of Windsurf employees will participate financially in this deal

> 100% of Windsurf employees will have vesting cliffs waived for their work to date

> 100% of Windsurf employees will receive fully accelerated vesting for their work to date

This sounds like a happy ending for the employees of Windsurf and a good deal for Cognition

"work to" is key.. sounds like they aren't fully accelerating, just accelerating the time they worked that hasn't vested. So if you were hired a week ago, you get a week's worth of participation.
I wonder if we'll ever stop to ask ourselves if faster and faster output of software is actually a good thing for the world. Or will we just continue because it's just what we do nowadays in civilization to get ahead?
Sounds like one of those "Two turkeys don't make an eagle." situations.
Devin/Cognition?

All right, cancelled.

Uhh so where does the 2.4B go to? For the "licensing" rights but without equity to Windsurf? Does the whole 2.4B get distributed amongst the talent that Google acquired or is it shared amongst all Windsurf employees?
Cognition also works with Goldman Sachs now.
Wait, is this final? Has Cursor or Augment Code or the next big Coding Assistant made their offer already?