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Confirmed: Walmart buys Jet.com for $3B in cash

techcrunch.com

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Re: Confirmed: Walmart buys Jet.com for $3B in cash

#2

Post by wheaties »

I have to wonder if the employee stock options were worth anything? Most telling is that Walmart decided to throw ~$300M at the founders "and others" to retain them. Does that mean, in this case, that the founding team is the only one who walks away with a payday?

And to be clear, this isn't a cynical musing. I'm genuinely curious to see how this worked out for them.

Re: Confirmed: Walmart buys Jet.com for $3B in cash

#6

Post by tommynicholas »

wheaties wrote: post #2

I have to wonder if the employee stock options were worth anything? Most telling is that Walmart decided to throw ~$300M at the founders "and others" to retain them. Does that mean, in this case, that the founding team is the only one who walks away with a payday? And to be clear, this isn't a cynical musing. I'm genuinely curious to see how this worked out for them.

There are always retention bonuses for the founders. What scenario would the options not be worth anything? It's a cash acquisition that is 2x larger than the post of their last round of funding which was fairly recent.

Re: Confirmed: Walmart buys Jet.com for $3B in cash

#10

Post by theflork »

a_small_island wrote: post #8

What's the likely scenarios for an employee whose been there for 2 years, an employee whose been there for 1 year, and an employee whose been there for 6 months? If we assume 1 year cliff on options.

very interested in the answer to this as well.
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