Skip to navigationSkip to content
Close
How Amazon's $97 million Eero acquisition screwed employees and minted millionaires

How Amazon's $97 million Eero acquisition screwed employees and minted millionaires

Read more on Mashable

Featured contributions

More contributions

  • When you acquire a company the team working there has no obligation to keep working there. That’s where the bonuses and salary increases come from to hire the talent. Amazon paid what the company was worth or another company would have offered more. This isn’t a story. It’s just naive and sensationalized writing.

  • Hardly any early stage investors want to look at hardware deals. I have less than 10% of my portfolio in non-med device hardware (by deals not investment $$). These bad moves by later stage VCs and acquirers plus the complicit actions of management reinforce our bias against hardware and will keep early

    Hardly any early stage investors want to look at hardware deals. I have less than 10% of my portfolio in non-med device hardware (by deals not investment $$). These bad moves by later stage VCs and acquirers plus the complicit actions of management reinforce our bias against hardware and will keep early stage capital on the sidelines. This has been having a ripple effect in hardware innovation for years already. #hardware #venturecapital #angelinvesting #eero

  • Interesting to see how the Eero acquisition numbers played out. Makes sense for Amazon to pay the key employees as much as possible while paying investors as little as possible. Looks like Amazon is pretty good at solving that equation.

  • Buying options at a start up as an individual contributor. Woah, now you are gambling. I am all for “believing in something”, but so did the followers of Jim Jones. How’s the Kool-Aid?

  • Eero’s sale sounds pretty awful. Nailed the customer experience pretty well but seems home networking isn’t the sort of market where most people would pay a premium for that. Curious to see what the Amazon era brings.

  • What information was given to the shareholders? Maybe Amazon paid too much? Maybe the stock options were already worthless. What role did the management play? The questions that aren't answered suggests that any opinion may be premature. Not necessarily wrong but premature.

  • From another perspective: I wonder how this will impact talent and how they look at joining startups in the future. It’s already such a gamble but this story shows how the risk is even greater... that you can have the dream that a major business will acquire the company but there is seriously no guarantee

    From another perspective: I wonder how this will impact talent and how they look at joining startups in the future. It’s already such a gamble but this story shows how the risk is even greater... that you can have the dream that a major business will acquire the company but there is seriously no guarantee that you will “make out like a bandit” if that happens. The offer of stock options won’t necessarily be a lure. The workforce /jobs of the future... this will be interesting to watch.