This isn't a "buyout" and it certainly isn't "making them whole" which is what they said they'd do a couple of weeks ago. This is just a layoff with a severance payment.
As I said when the initial story broke, this is setting a terrible precedent for the startup world. Why on earth would anyone join a startup and accept low cash comp in exchange for equity if the default terminal event will be an acqui-hire of the founders with all other employees being shown the door rather than an IPO or acquisition?
What did I just read? How can you think/say/write that in a public email?
However, alcohol was flowing and when the third founder took the mic he started with: "I just wanna thank everyone here...for making me FUCKIN' RIIIIICH." Didn't raise the mood exactly.
That was Silicon Valley then and it's Silicon Valley today. Folks are just saying the quiet parts louder and louder now.
"He got his bag."
Is that normal for any of those on here working for an AI company?
If you're a current Windsurf customer, I hope you consider an alternative product and migrate quickly.
