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Mailchimp just got bought for $12B, and employees own no equity

4 pointsby joshmaover 3 years ago

2 comments

megaman821over 3 years ago
By all accounts MailChimp employees have been well compensated for the last 2 decades. They are all getting bonuses after this acquisition. Why should the suddenly get equity now? I doubt many employees were willing to trade salary for equity before this exit.<p>Anyways, looking forward to more of Ellen Pao&#x27;s stupid hot takes.
quantifiedover 3 years ago
Employees signed up to own nothing. God love them. Why is this news? Were they duped, or did they all just benevolently sign up to make a few others wealthy? Same goes on with pretty much every PE-owned company as well, not really worth a story.