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Comment by ctoinhiding | Hacker News Reader

I am an acquired founder working in the bay area. The acquisition made me rich, I'm liquid, and I love my product and my team. Everyone did really well in the acquisition.

The acquirer means well, but as a public company there is little intellectual honesty and projects are going off the cliff while my fellow executives not sharing the truth of how bad things are going and asking for help from one another for the good of the company. I'm increasingly demotivated having to deal with lying and intellectual dishonesty at every turn.

I can quit, but then I lose out on almost a million bucks that's unvested, not much compared to what I've made so far but I'd really like to just be fired (without cause) and get to walk away and start a non-profit.

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Then coast. Just do the minimum to keep your job until your vesting date.

The way to signal that you're unhappy is to give your notice the day of your vesting date. (Or give your notice so that you leave on your vesting date.)

I've seen worse. One CTO that I know of, after acquisition into a public company, got stuck with an idea guy who just monopolized his time pushing for dumb ideas that had nothing to do with what the company wanted. From reading between the lines, it sounds like there was a lot of verbal abuse going on.

If you're fired, do you vest fully? We got acquired recently and it seems like my vesting doesn't jump ahead if I got fired (without cause)... not totally sure though.

it's technically not vesting (my founder shares were fully vested on acquisition) - more of a hold back. we made sure to negotiate this term in.

doesn't work that way for employees unfortunately.

So basically there are separate founder and employee shares and negotiated different terms for the two (hold-back and options)?

If you're in a situation where your vesting schedule incentivizes your acquirers to fire you without cause your lawyers may have ripped you off.

How does it usually work? Does one fully vest upon firing? Vest several months upon firing?

I'm looking for a person like you. I've started non-profit - LibreTaxi, which is Uber alternative. PoC works and there is some traction. However, there is a need for some funds to make this app native. Ping me if you're interested (email is in profile)

If I may, I get the strong sense that your hesitation isn't really about the unvested $$.

Can you tell us more about the nonprofit you'd like to start?

wear sweat pants and no underwear and put your foot up on stuff while you talk to people in the office.

If you don’t have a penis, put a strap under the sweat pants.

No one is going to fire you with cause for not being aware of your obviously swinging dick.

either that or he'll make HN

I didn't know Erlich Bachmann was on HN

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