It is pretty simple though, either they negotiated some stock based component to their compensation when they started and would be getting payout, or they didn't and they have been fully compensated by their salary.
Re:I sold Baremetrics
by infinite8s on Tuesday November 10, 2020 @02:32PM
(#25050541)
Are you sure that Baremetrics employees were sold that? If not then what is your issue?
And, as I've said elsewhere, startup salaries are rarely on par with the industry average. Working at a startup is typically sold as "you'll be paid less, but if we sell you'll get a payout to make up for it".