$9 billion cybersecurity firm Tanium exercises stock buyback clause - Business Insider

ประเทศไทย ข่าว ข่าว

$9 billion cybersecurity firm Tanium exercises stock buyback clause - Business Insider
ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

Cybersecurity startup Tanium, valued at over $9 billion, exercised a clause that allowed it to buy its own shares from former employees whether they wanted to sell or not

and start reading now.

Since September 2018, Tanium has placed a clause in its employment contracts allowing it to execute this kind of buyback within a year of an employee's departure from the company, the company said. "This is not the standard for venture capital backed companies," attorney and stock option expert Mary Russell told Business Insider. One former Tanium employee affected by the buyback calls it a "gut punch."Like many startups, cybersecurity firm Tanium offers its employees equity in the company as part of their compensation packages.

The clause in question says that the company reserves the "option to repurchase all or a portion of the Shares" issued to employees for up to one year after the employee leaves the company, according to a copy of the document reviewed by Business Insider.

 

Overvalued again.

How classy of them

Robbery

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Inside a Amazon arbitrageurs group where members sell $100K in goods - Business InsiderInside a Amazon arbitrageurs group where members sell $100K in goods - Business InsiderPeople are quitting their jobs to make thousands selling everyday items on Amazon. Here's a look inside one exclusive resale group, where members have sold over $400,000 worth of good since May.
อ่านเพิ่มเติม »

UK government in talks with AI firm to uncover furlough fraud - Business InsiderUK government in talks with AI firm to uncover furlough fraud - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 🔥 Check It Out 🔥 BIUK More £billion to wash ..
อ่านเพิ่มเติม »

8 Silicon Valley law firms leading tech and life sciences practices - Business Insider8 Silicon Valley law firms leading tech and life sciences practices - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. nice Booming tech sector = Boom, the sound you'll hear when the tech bubble blows
อ่านเพิ่มเติม »

Tech stocks are 'disaster waiting to happen,' investor Bill Smead says - Business InsiderTech stocks are 'disaster waiting to happen,' investor Bill Smead says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
อ่านเพิ่มเติม »

Robinhood issues warning to raise cash buffers on widely-held stocks - Business InsiderRobinhood issues warning to raise cash buffers on widely-held stocks - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. good 🎃
อ่านเพิ่มเติม »



Render Time: 2025-01-10 18:57:13