Zendesk for Potential Sale??

Cerner
zenonsite

Go to company page Cerner

zenonsite
Apr 18 34 Comments

Is Zendesk up for sale? Not sure if this is an old news but I just came across this https://seekingalpha.com/news/3824111-zendesk-gains-on-report-its-exploring-a-potential-sale Zendesk stock gains on report it's exploring a potential sale (NYSE:ZEN) on my feed.

If this true whoโ€™s ready to buy them ?

TC: 110K

#Zendesk

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TOP 34 Comments
  • Goldman Sachs
    160k3yoe๐Ÿ‘ˆ

    Go to company page Goldman Sachs

    BIO
    Gtfo
    160k3yoe๐Ÿ‘ˆ
    Terrible unshakable product, sry not sry.
    Apr 18 4
  • Zendesk
    PastaMasta

    Go to company page Zendesk

    PastaMasta
    So do those unvested RSUs come forward or do we still need to wait the original number of years for them to vest?
    Apr 19 5
  • I accepted zendesk offer in Feb and have my joining in May. Although the rumors of a sale raises a flag I believe being a SWE at Zendesk looks better on my CV than at a bank( my current employer). Hence I am determined to make the move. What do you guys think ?

    Itโ€™s definitely a calculated risk, I am unhappy with my current work and pay.
    5d 1
    • Zendesk
      KulStory

      Go to company page Zendesk

      KulStory
      If you're unhappy with your current work and pay I would definitely still join. No one knows what's going to happen in the future, we may not sell it all, we may sell to another publicly traded company and your shares convert, we may sell to PE and they convert shares to cash... It's all speculation at this point.

      What's not speculation is the work that you would be doing when you join. The scale of our business hasn't changed, and even if something about the engineering culture changed it would take a while for that to happen, meanwhile you're getting valuable experience and a name on your resume.
      4d
  • Amazon
    tMJO86

    Go to company page Amazon

    tMJO86
    So with a potential sale that may or may not happen, is it good to accept an offer from Zendesk for a Sr. PM role? The team is super interested in me but the HM said he knows about the sale only as much as I do :)

    Offer details:

    Base: 200k
    Sign on: 20k
    RSUs: 160k over 4 years
    10% bonus every year

    Current comp at Amazon

    Base: 162.5k
    Sign-on: 100k over 2 years that is completing in 2 months
    RSUs: 260k vesting over 4 years

    Total comp looks more or less the same between what I make now and what Zendesk if offering.
    7d 3
  • Amazon
    tMJO86

    Go to company page Amazon

    tMJO86
    Thank you! At Amazon, I have gotten really really lucky with my current team in terms of great WLB, something that is unheard of with other teams and I canโ€™t complain. Is the work great? It is okay, not bad but at the same time I am not doing ground breaking work either ๐Ÿ˜Š. At Zendesk, the role is good but what concerns me is the potential sale discussions and as someone who is on a work visa, that always concerns me. Thoughts? Any internal rumors going on regarding the sale?
    6d 2
    • Zendesk
      UTUj32

      Go to company page Zendesk

      UTUj32
      IMO, donโ€™t join Zendesk right now, unless youโ€™re absolutely desperate to get out of Amazon. Executive leadership has lost the confidence of the shareholders, and the company is unprofitable.

      Not a place you want to be late in a monetary cycle.
      6d
    • Zendesk
      UTUj32

      Go to company page Zendesk

      UTUj32
      We havenโ€™t been โ€œswatting away buyout offersโ€ as far as I know โ€” thereโ€™s been one, which would be at negligible premium to the current stock price. Lots of room for the stock to fall and motive for the shareholders to force cost cutting to get to profitability. Thatโ€™s especially true if the overall economy turns for the worse.
      4d