What's your Golden Handcuffs story (Acquisition - Retention Bonus)?

MapR Technologies aifuwhKak
Mar 13 9 Comments

Details on the acquisition pertaining to if and how the buyer retained employees. What were the cash and stock bonuses awarded. And did you stay?

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TOP 9 Comments
  • Oscar 🐨koala
    Sounds sexual.
    Mar 132
    • MapR Technologies aifuwhKak
      OP
      Lol. Yeah, now that you mention it.
      Mar 13
    • MapR Technologies aifuwhKak
      OP
      Updated the title :)
      Mar 13
  • Genentech / Engratsey
    I work at JUUL so there’s that. retention bonus from Altria deal last December
    Mar 132
    • MapR Technologies aifuwhKak
      OP
      Details please..
      Mar 14
    • Genentech / Engratsey
      Last December, Altria paid 12.8 billion for a 35% stake in JUUL. Every employee got
      1) a one time bonus of #vested shares * $150
      2) annual target bonus * 4, to be distributed over 2 years
      3) 54% increase in unvested stock

      It minted maybe 30 or so new millionaires out of the company’s 1500 employees at the time
      Mar 14
  • Company evaluated for 4b and we have at least 5yrs for an ipo. Idk what I'm gonna do
    Mar 132
    • What valuation when you got in?
      Mar 13
    • Gigamon / Eng
      done

      GigamonEng

      BIO
      what's th is
      donemore
      Which company
      Mar 13

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