MailChimp employees not getting equity is a big loss for the ATL ecosystem. Normally a $12B exit would create a huge pool of new angel investors who would help create the next wave of startups.
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As would be with any equity deal as well right? Maybe we shouldn’t judge so harsh on then just because they do it different than the typical non-profitable VC backed company?
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It’s pretty easy to estimate the employee outcome of a typical VC deal of this size. I’ll be very surprised if these bonuses turn out to be anywhere close to what an option pool would pay out.
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