Re:Visa and Plaid Abandon Merger After Antitrust Division’s ...
by cs-szazz on Tuesday January 12, 2021 @09:40PM
(#25757321)
That doesn't mean much unless the employees have liquidity right? Presumably after the acquisition the employees would've been able to convert their options to cold hard cash.
Re:Visa and Plaid Abandon Merger After Antitrust Division’s ...
by tempsy on Tuesday January 12, 2021 @11:49PM
(#25758297)
acquisitions aren't necessarily great for employees because liquidation preferences apply.
with SPAC-mania they could merge with a SPAC or go public. my point is the path to going public is much easier now than a year ago.
Plaid is probably worth much more now than it was when it was acquired. The entire market has become much more frothy.
I would not be surprised if it could command a $10B+ valuation as a standalone company.