On day 1 it was a success, but now it is a disaster for several reasons.
1. It is harder to attract people to come work for you when you company's valuation is going down. Obviously FB can afford to pay for talent, but that cost just went up.
2. If FB ever needed to get more investment money, people may be more reluctant due to this situation.
3. If your company was getting acquired by FB would you want to be paid in cash or Stock?
1. It is harder to attract people to come work for you when you company's valuation is going down. Obviously FB can afford to pay for talent, but that cost just went up.
2. If FB ever needed to get more investment money, people may be more reluctant due to this situation.
3. If your company was getting acquired by FB would you want to be paid in cash or Stock?