Laid-Off OMGPOP Workers Got Hired Back Just In Time To Cash-In On The Big Sale
Lucas Meadows stashed this in OMGPOP
Stashed in: Zynga!
From the article:
OMGPOP was not getting traction on Facebook, but it still had a bunch of flash developers.
Porter could have moved them around to mobile or other projects but money was running tight. To extend the company's runway, he had to let them go.
This move bought OMGPOP another month or two of runway. It was purely a financial decision and a really tough one. The company tried to find jobs for the people who were fired.
Once Draw Something took off and it looked like we might do a deal, CEO Dan Porter hired the fired workers back ASAP.
Every single employee got something from the deal, even new employees who hadn't reached their cliff. Porter made sure it happened.
You dot-dot-dotted my favorite line:
He was literally negotiating the deal and jamming the re-hires back into payroll to make sure they were covered with hours remaining in the close. Their options kept vesting and they benefitted from the sale. Porter didn't have to do it. It was just the mensch thing to do.
He's like the anti-Pincus!