how does this impact new grad hires?
Won’t your paper equity still double because of the acquisition?
I mean it depends on the equity distribution and terms of sale right?
They might get to join the party else not at all?
Am curious how mid Senior people who joined 1-2 years ago will do with plaid acquisition. Do they all make out 2x vs if they were at visa or other corporates
Probably not at all? Realistically only early employees and of course investors will see any sort of payout. On the plus side your future equity isn't paper money anymore