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Cognition (Devin AI) to Acquire Windsurf

(cognition.ai)
502 points alazsengul | 1 comments | 14 Jul 25 18:07 UTC | HN request time: 0.214s | source
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jspann ◴[14 Jul 25 18:31 UTC] No.44563629[source]▶
> 100% of Windsurf employees will participate financially in this deal

> 100% of Windsurf employees will have vesting cliffs waived for their work to date

> 100% of Windsurf employees will receive fully accelerated vesting for their work to date

This sounds like a happy ending for the employees of Windsurf and a good deal for Cognition

replies(5): >>44563676 #>>44564231 #>>44564606 #>>44567837 #>>44572444 #
1. krasin ◴[14 Jul 25 19:23 UTC] No.44564231[source]▶
> This sounds like a happy ending for the employees of Windsurf and a good deal for Cognition

The employees were robbed from having a big cash exit. Illiquid stock options from Windsurf were converted to illiquid stock options of Devin.

What's worse is that the well is now poisoned. I would advise against joining startups from now on, because I think that there's no upside for employees anymore.