I don't know what is meant by "generous exit package", but it may be enough to tide the employees over to their next job.
I don't know what is meant by "generous exit package", but it may be enough to tide the employees over to their next job.
So is it a startup? Idk wtf a startup is but Twitter isn't a blue chip.
Kids: do not use either if you care about the judgment of your elders.
Bonus protip: until you vest, you should care.
It might be pragmatic to care about the judgment of one's ignorant elders, when the ignorant have power over you, but in no other sense should one care about such opinions.
Or if you're a VC, it's "tech company whose current valuation is based on future value"
That said, it's clear they are struggling to stay alive and that is a trait of many start ups.
Wikipedia defines startup as a new business in the form of a company, a partnership or temporary organization designed to search for a repeatable and scalable business model.[1]
Not sure where an exact "point" is (if one even exists) but would seem that Twitter (a nearly ten year old company with revenues of $1.4B) no longer fits that definition.
[1] https://finance.yahoo.com/q/is?s=TWTR+Income+Statement&annua...