pfarrell;436581 Wrote: > > > But my point is not about Dell. its about how its common for the > founders to stay on a while after a buyout or even after an IPO.
I'm not trying to be a nitpicker, but this isn't right either. Underwriters typically require key management to sign employment contracts and agree to place restrictions on stock and option shares at the time of an IPO. If they leave, they lose their stock, but the restrictions lapse over time. Founders after a buyout have no stock to lose, the situations are very different. What you see in these cases are transition and non-compete agreements. In the first instance, the company is interested in what the principal management types continue to do. In the second, after a brief transition, the focus is on what you want them to not do. -- Goodsounds ------------------------------------------------------------------------ Goodsounds's Profile: http://forums.slimdevices.com/member.php?userid=14201 View this thread: http://forums.slimdevices.com/showthread.php?t=64706 _______________________________________________ discuss mailing list [email protected] http://lists.slimdevices.com/mailman/listinfo/discuss
