Wasn't Airbnb the company where the founders took a special dividend using funds from one of the later VC rounds (which Ron Conway publicly objected to)?
That sounds like something leaders of soulless corporations would do.
That sounds like something leaders of soulless corporations would do.
Did not know that they arranged to give employees liquidity after the initial news.
>Brian and I have spoken at length and based on our discussions, I’ve learned some new items that have proven to me that everyone is paying serious and thoughtful attention to the needs of all shareholders including employees. Specifically, the company has developed a strategy about their next financing round where all employees who have been with the company for some length of time will participate in a structured liquidity program. While the details haven’t been finalized, I know Brian and completely trust that he will execute on his commitment.
http://allthingsd.com/20111002/airbnb-investor-chamath-palih...
(EDIT: Source: Prior working relationship with the company. Fought "tooth and nail" against this Verified ID junk.)