When I would hire a CEO for one of my companies, they would negotiate what's called either a single trigger or a double trigger. And the single trigger is if there's a change of control, usually about 50% of my shares vast. So Parog, I would bet Parog has basically a single trigger where he gets all of it. But you're right. Probably the rank and file. It just continues. They're stuck there at the 54 vest,. They continue to vest in a private company. But the company's not worth it. That actually, I mean, I'll go this way, they could leave some money on the table and go to snap or somewhere else.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode