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.
Kara and Scott give us a break down of the biggest themes of Q3, and wins and fails of the quarter. And of course, the latest with Elon and Twitter. Also, Amazon won’t make any new hires for the rest of the year, Uber’s former Security Chief has been convicted of obstructing justice, and OPEC voted to decrease oil production. A listener asks Kara and Scott to reveal their (news) sources.
*NOTE: This episode was recorded on Thursday morning and reflects news at the time.
You can listen to Kara’s new show, On with Kara Swisher, here.
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