Remove 2004 Remove Employee Remove Internet Remove Stock Options
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Keep It Under Your Hat: Valuation Caps and the $650 Million Sale of MySpace for $125 Million

Gust

This discussion expands on my Quora answer to a specific question: “ Why were the stock options of MySpace employees worthless even though the company was sold to News Corporation for hundreds of millions? ” The complete story includes a startup-within-a-startup, investments and exits by two VC firms, and some genuine corporate drama.

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Facebook S-1: The Most Anticipated IPO in a Decade ? AGILEVC

Agile VC

Founded : Spring 2004, incorporated July 2004. 3) Employee Stock Purchases Are a Near-Term ATM - Facebook has issued a combination of stock options and more recently restricted stock units (RSUs) as compensation to employees. Facebook, Inc. Filing Date : February 1, 2012.

IPO 100
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The Long-Term Value of Loyalty

Both Sides of the Table

Moving on … My second post was directed at employees. If you’ve done it for a long time then I usually advise hiring managers to hire you as contractors and not full-time employees. That is when no customers wanted to work with Internet startups because we as an industry had burned so many customers.