Nordic Semiconductor Acquires Memfault

I'm the co-founder and CEO of Memfault. We were in the W19 YC batch. I never thought our news would make the front page of HN!

This is a very exciting day for us (after a very intense few months). We've known the Nordic team for years and could not think of a better partner to grow our platform.

Happy to answer questions, if you have them.

Don't keep us guessing -- what was the bag?

Parsing the stock exchange notice [1], the three founders seem to have received 42 Million USD. If they had the same amount of shares, they received around 14 Million each.

> The three founders of Memfault - CEO Francois Baldassari, CTO Chris Coleman and VP Developer Experience Tyler Hoffman – will reinvest 30% of their share sale proceeds in Nordic Semiconductor shares, totalling approximately USD 13 million.

[1] https://newsweb.oslobors.no/message/649971