Re:Why the Instagram founders really quit
by weaklearner on Wednesday April 17, 2019 @09:29AM
(#19682325)
I don't have a citation here but I think facebook tried to create a slow vesting schedule for these aquihires so they would have golden shackles
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Re:Why the Instagram founders really quit
by the_watcher on Wednesday April 17, 2019 @11:13AM
(#19683258)
Is this just your assumption? The WhatsApp acquisition was pretty famously on a 4 year vest [0], not sure why IG would have been different.
[0] https://www.businessinsider.com/whatsapp-founder-jan-koum-re...
It's also not uncommon for companies to drop that and have majority vest quicker to get rid of founders faster (provide a good encouraging deal) - especially if they dont play ball.
Re:Why the Instagram founders really quit
by weaklearner on Wednesday April 17, 2019 @05:08PM
(#19686496)
mmm I was pretty sure I read it. I cannot find the reference so I think you are right. I'm going to edit my comment.