Comment by duped
4 years ago
Borland was losing over a hundred million in revenue while Microsoft was offering seven figure signing bonuses. There's no way they could have paid more than what MS was, since MS was using their war chest to kill the company.
If they were losing a hundred million in revenue before their best employees were poached then we should thank Microsoft for saving these people‘s careers.
as the op says - they could have issued stock instead of real money
I call equity "Bison dollars": https://youtu.be/Shxiy7l5b_4
It's only worth anything if the world-domination plans go off without a hitch.
"Stock Instead of Real Money" is my new band name. So much meaning in just five words :)
Equity schmequity, and we don't know what Borland did or didn't offer to keep people around. We just know MS offered more.
We know for sure that Borland didn’t offer enough. And we can reasonable speculate that they didn’t offer a significant ownership stake.
Anders got 3mil signing bonus. Hard to counter that.
Easy - give him 4 mil in equity.
On the other hand if the company doesn’t have good prospects, then indeed there is nothing you can do.
5 replies →
a million dollar signing bonus? Is there documentation of this?