Cisco is buying another cloud company for cash and assumed equity. The valuation is bit lower than expected but still makes lot of employees very wealthy. Anybody from Viptela here, who like to share how employees may have benefited.
I join Cisco due to cloud related acquisition... and a lot of my old teammates aren't happy with Cisco at all and leave... So, I m curious how this will end , too...
So nobody here who benefited from this acquisition at viptela? I passed up on joining them 3 years ago so asking
poor you
Nobody but the top 6 made any money.
I still don't understand why Cisco does it all the time. This is really bad for existing employees. People coming through acquisitions are showered with millions and people staying there get peanuts. I don't think this will go for long. We will soon be running out of cash. Sometime back we paid 2x valuation to appdynamics. It hardly made sense.
nobody is asking you to stay at Cisco though
It's been the Cisco way since its early days. Heard some acquisitions were more like spin-offs predestined for (re)acquisition.