I got in to work a little late this morning. I noticed I was walking past a lot of empty cubicles, and began to wonder if there was a meeting I'd forgotten about. As I sat down to check my e-mail and calendar, I heard the laughter of a large crowd from a nearby conference room, so I knew that something was going on.
A few seconds later, I see two e-mails at the top of my In Box -- one, from our CEO, "Dell acquires EqualLogic", and just above that, from Michael Dell, "Welcome to Dell!"
Apparently the deal was signed at around 11:30 PM (EST) last night, and only a very small group of people knew this deal was brewing until then. Up until then we we're still all prepared to go out and do a "road show" for an IPO starting tomorrow.
I think this deal will work out well for us, and for me personally it's not too bad. I'm getting some fairly definite cash for about 40-something% of my stock options (at least if the deal actually goes through -- there's always a small chance something could fall through before everything is completely finalized) -- but it's not as much as I dreamed of (perhaps over-optimistically) for a fully-vested 100% of already-exercised options out on the open market.
As a long time Mac fan, with, um, a "certain attitude", let us say, towards Dell, this is just very weird.
A few seconds later, I see two e-mails at the top of my In Box -- one, from our CEO, "Dell acquires EqualLogic", and just above that, from Michael Dell, "Welcome to Dell!"
Apparently the deal was signed at around 11:30 PM (EST) last night, and only a very small group of people knew this deal was brewing until then. Up until then we we're still all prepared to go out and do a "road show" for an IPO starting tomorrow.
I think this deal will work out well for us, and for me personally it's not too bad. I'm getting some fairly definite cash for about 40-something% of my stock options (at least if the deal actually goes through -- there's always a small chance something could fall through before everything is completely finalized) -- but it's not as much as I dreamed of (perhaps over-optimistically) for a fully-vested 100% of already-exercised options out on the open market.
As a long time Mac fan, with, um, a "certain attitude", let us say, towards Dell, this is just very weird.
We were once so close to heaven
Peter came out and gave us medals
Declaring us the nicest of the damned -- They Might Be Giants See the stars at skyviewcafe.com
Peter came out and gave us medals
Declaring us the nicest of the damned -- They Might Be Giants See the stars at skyviewcafe.com
We were once so close to heaven
Peter came out and gave us medals
Declaring us the nicest of the damned -- They Might Be Giants See the stars at skyviewcafe.com
Peter came out and gave us medals
Declaring us the nicest of the damned -- They Might Be Giants See the stars at skyviewcafe.com
)
\
