The article leaves out some relevant context. It appears that Yee Lee was at Skype for one year one month 3/2010 - 4/2011. That entire period of time was after Silverlake had purchased Skype and more importantly after the right to repurchase vested options was in place.
It is difficult to see this as private equity screwing over founders or early employees (Skype was founded in 2003 and had been valued at more than $2 billion for five years when Lee Yee came aboard). Indeed given the short tenure of many of the people involved in the story, there seems to be more smoke than fire.
It is difficult to see this as private equity screwing over founders or early employees (Skype was founded in 2003 and had been valued at more than $2 billion for five years when Lee Yee came aboard). Indeed given the short tenure of many of the people involved in the story, there seems to be more smoke than fire.
[Lee Yee on Linkedin: http://www.linkedin.com/in/yeeguy]
[Business Week article correlating Linkedin profile to article: http://www.businessweek.com/magazine/content/11_27/b42350386...]
[my comments on previous versions of story: http://news.ycombinator.com/item?id=2672786]