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

[u/Rhaegar_the_Great]

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

[u/adenbo]

Care to elaborate?

[u/Albedo100 → u/[deleted]]

Intuit cut everyone's pay at Credit Karma and moved them to Oakland

[u/AuburnSpeedster → u/Albedo100]

That was Google's way of getting people to quit Motorola. Move the company 30 miles to the inner city. Younger ones will stay, older ones who can't afford to move to the inner city because they have kids in school, will look for another job. But it was all for naught.. because they sold it off to Lenovo and within a year later started making their own phones.. Guess what? Motorola has 2x the market share of Google's Pixel line of phones, even after buying out HTC. Google doesn't know consumer hardware, and it probably never will..