Savage: Most Wistia employees sold options to join profit sharing
Chris Savage · 1757 How Wistia Hit $18m Revenues, Used $17m Debt from ACCEL KKR To Buy Out $1.4m Seed Investors With Tender Offer · May 16, 2020 · at 17:15
Chris Savage, CEO of Wistia, discusses how employees responded to the company's tender offer and transition to profit sharing.
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“Most did. So we actually, when we did the offer, what we said was we want to have one incentive structure for everybody. So you can either, you know, hold onto your options, or if you sell your options, you can participate in profit sharing.”
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