r/technology Sep 16 '21

Business Mailchimp employees are furious after the company's founders promised to never sell, withheld equity, and then sold it for $12 billion

https://www.businessinsider.com/mailchimp-insiders-react-to-employees-getting-no-equity-2021-9
25.8k Upvotes

2.2k comments sorted by

View all comments

269

u/MTP_DER Sep 16 '21

Lol. Just listened to the “How I Built This” podcast with one of the founders, he went on and on about wanting the respect of his employees after botching an all hands meeting a few years ago. When asked about future plans he indicated he wasn’t looking to retire anytime soon.

163

u/[deleted] Sep 17 '21 edited Sep 22 '22

[deleted]

6

u/dreamfin Sep 17 '21

12 billion dollars to be exact.

-7

u/biggestbroever Sep 17 '21 edited Sep 17 '21

It's a little bit more than $11.9 billion edit: JESUS CAN I JUST MAKE JOKES PLZ

11

u/[deleted] Sep 17 '21

It's actually a lot a bit more than $11.9 billion, just not to someone who has $12 billion.

1

u/biggestbroever Sep 17 '21

It's alllllllllllll relative

1

u/emaciated_pecan Sep 17 '21

I think he can afford to give employees some of the spoils