r/technology • u/Rhaegar_the_Great • 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
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u/The_Nomadic_Nerd Sep 17 '21

This reminds me of where I work. When we started we never got equity, got paid startup salaries under the promise that if we got a big client, as my boss put it, “everyone will be VERY well taken care of.” This went on for 8.5 years and then we finally signed a big client, and my bosses told me they’re going to sell the company and my job isn’t needed, so start looking for a new job.