It won’t be long before a clean up happens ... lots of useless clowns at Big Switch.
3 replies (most recent on top)
Rumors swirled that original stockholders and employee stocks were "underwater" with the Arista deal, but also that Arista put together compelling packages to retain only key engineering staff. These rumors said things were very contentious between the investors because only the last ones in got something back out and earlier investors didn't want to sign off on the deal. The rumors have also said that Big Switch founder Kyle Forster did not make money on the deal and lost his own investment.
Big Switch Networks sold for pennies on the dollar to Arista Networks after raising over $100 million.
heard 60 people got axed