Do investors get no say when negotiating an acquisition?
Seriously, there were no specifics here about how much each founder got of the 5 million and how much each founder got out of the 10 million. Taking the simplest view of 1/3 split, he screwed himself (and his outher…
I messed up my comment, supposed to read "over a million and a half" I could see ~500k MAYBE but 1.5million....
So the screw over was that the company fetched 5 million instead of 10? Assuming a 3-way split, 1.66 million versus 3.33 million each? He had to take a least a million dollar hit in that scenario, or did Facebook give…
Do investors get no say when negotiating an acquisition?
Seriously, there were no specifics here about how much each founder got of the 5 million and how much each founder got out of the 10 million. Taking the simplest view of 1/3 split, he screwed himself (and his outher…
I messed up my comment, supposed to read "over a million and a half" I could see ~500k MAYBE but 1.5million....
So the screw over was that the company fetched 5 million instead of 10? Assuming a 3-way split, 1.66 million versus 3.33 million each? He had to take a least a million dollar hit in that scenario, or did Facebook give…