Ok gang, high quality problem time for Friday afternoon
I spent >12 years building a company with 2 other co-founders and a lot of investor money
We just wrapped up a year long process of getting acquired for unicorn $$$
I have a two year earn out that is heavily backend weighted, eg about 75% of my total compensation will be in the last year.
The money is "guaranteed" but I am responsible for showing up, driving the company integration, etc
Here's the rub - I just got finished with my first month of DD, lawyers, compliance meetings, etc.
It's clear that the next two years of my life are going to be captive to corporate bull@#!t, bizarre power grabs, etc - all the stuff I've spent my life avoiding like the plague by being an entrepreneur
Integration to the acquirer meant "fitting a square peg into a round hole"
I went into this with open eyes, but it is exhausting and demoralizing
I am grateful for the opportunity, I am also old, tired, and ready for a break not two more years of toeing the line :)
What have others done in similar situations?
I spent >12 years building a company with 2 other co-founders and a lot of investor money
We just wrapped up a year long process of getting acquired for unicorn $$$
I have a two year earn out that is heavily backend weighted, eg about 75% of my total compensation will be in the last year.
The money is "guaranteed" but I am responsible for showing up, driving the company integration, etc
Here's the rub - I just got finished with my first month of DD, lawyers, compliance meetings, etc.
It's clear that the next two years of my life are going to be captive to corporate bull@#!t, bizarre power grabs, etc - all the stuff I've spent my life avoiding like the plague by being an entrepreneur
Integration to the acquirer meant "fitting a square peg into a round hole"
I went into this with open eyes, but it is exhausting and demoralizing
I am grateful for the opportunity, I am also old, tired, and ready for a break not two more years of toeing the line :)
What have others done in similar situations?