The Rise and Fall of Silicon Graphics

I was there near the end. First, as a summer intern in 1998, and then in 1999 as a full time engineer on what is now Google's Mountain View campus. SGI had always been a dream company for me. I'd first learned about them in high school; now, right out of college, I'd somehow managed to land a dream job.

SGI's hardware was cutting-edge and exotic. IRIX was killer (sorry Solaris). Cray was a subdivision. My coworkers used emacs, too. They put an O2 on my desk!

The dream didn't last long. Major layoffs hit just a few months after I started full time. I wrote about the experience here: https://davepeck.org/2009/02/11/the-luckiest-bad-luck/

What did you work on at SGI during your brief stint?

MineSet, their data mining and visualization package.

If a may, can I fact check a story conveyed to me through a mutual acquaintance of ours? The story was that SGI was trying to sell off MineSet, and needed the team to stick around long enough to sell them off -- so a bonus was to be given after a short period of time (a month maybe?). The bonus was significant enough to get people to at least defer a job search ($10K?), but SGI didn't manage to find a buyer. The check was to hit bank accounts on a particular day; the team waited to hear word that the literal money was in the bank -- and then all quit simultaneously.

Is there at least some truthiness to it? Or has this just become Silicon Valley urban legend in my head?