It's been more than 4 years since Barracuda Networks got acquired by a PE firm. Any exit plans that will happen soon? Considering a job offer at Barracuda. TC: $210K, 8yoe
Rumours abound. Tread carefully unless your offer is mostly salary. Hard to estimate the value of equity. Attrition is high, you should be able to negotiate above market rate pay
Yep read about this today. Is this a good thing or bad? What's the employee ownership thing? Is it different from the RSUs that other companies give?
If this is an indication - it's a good thing. https://www.cnbc.com/2022/05/17/garage-door-maker-employees-get-cash-reward-in-takeover-as-private-equity-tests-ownership-model.html
So finally Barracuda got acquired by KKR. How does it turn out for employees? They get all cash for the stocks/ ICO?
anyone from Barracuda here?
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