News for hackers. Stuff that matters.

A comment on MongoDB CEO resigns "effective immediately" to join Meta, stock drops 20%. Parent comment

Re:MongoDB CEO resigns "effective immediately" to join Meta,... by bko on Monday September 28, 2026 @11:49AM (#49879946)
Zuck probably outbid him. He walked away from $30m unvested. If they paid him more, he likely would have stayed and the stock wouldn't drop $6b

CEOs leave all the time. Average tenure has dropped over the years suggesting a fierce competition for senior talent

[ Parent | on HN ]
Re:MongoDB CEO resigns "effective immediately" to join Meta,... by AnthOlei on Monday September 28, 2026 @04:18PM (#49883768)
30m unvested at what price? If you think it’s going to 2x, then it’s worth 60m. Maybe zuck paid an unrealistic multiple - 20x, but out side of that still a bearish signal
[ Parent | on HN ]