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"There won't be an IPO, so suck it up."

Back to Philip’s cases

Case Conclusion Date: April 5, 2005

Practice Area: Business

Outcome: Negotiated a settlement that gave my client about 50% more than his missed salary, over 1/3 of a million dollars.

Description: Client, an engineer, gave up 2 years salary at startup in exchange for promise of an IPO at 4 years. Company made a ton of money, but founder refused the IPO that would have lost him control of his ‘baby.’

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"There won't be an IPO, so suck it up."

410-292-6989

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"There won't be an IPO, so suck it up."

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