Money

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

MapR Technologies aifuwhKak
5d

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?

comments

Add a comment
  • Oscar 🐨koala
    Sounds sexual.
    5d2
    • MapR Technologies aifuwhKak
      OP
      Lol. Yeah, now that you mention it.
      5d
    • MapR Technologies aifuwhKak
      OP
      Updated the title :)
      5d
  • Genentech / Engratsey
    I work at JUUL so there’s that. retention bonus from Altria deal last December
    5d2
    • MapR Technologies aifuwhKak
      OP
      Details please..
      4d
    • 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
      4d
  • Company evaluated for 4b and we have at least 5yrs for an ipo. Idk what I'm gonna do
    5d2
    • What valuation when you got in?
      5d
    • Gigamon / Eng
      done

      GigamonEng

      BIO
      what's th is
      donemore
      Which company
      5d

Download the app for more exclusive content.