This is so rare I had to post it.
This guy is a rare gem in this Corporation eat people alive world we live in now.
4-12-2012Before OMGPOP Sold For $210 Million, The CEO Hired Back Everyone He Laid Off And Made Sure They Cashed In
A few months ago, OMGPOP was about to go bust.
Its Facebook games weren't performing and prospects were so bleak, CEO Dan Porter was forced to lay off several of the startup's flash developers.
Then OMGPOP launched a mobile game called Draw Something, and everything changed.
Days after its launch, Draw Something was an obvious hit. Within weeks, it became the most popular iPhone/Facebook game out there. 35 million people downloaded it in six weeks.
Social games biggie Zynga came calling with a ton of cash, and bought OMGPOP for $210 million.
OMGPOP was not getting traction on Facebook, but it still had a bunch of flash developers.
Porter could have moved them around to mobile or other projects but money was running tight. To extend the company's runway, he had to let them go.
Once Draw Something took off and it looked like we might do a deal, CEO Dan Porter hired the fired workers back ASAP.
He was literally negotiating the deal and jamming the re-hires back into payroll to make sure they were covered with hours remaining in the close. Their options kept vesting and they benefitted from the sale.
Porter didn't have to do it. It was just the mensch thing to do.
There was one guy who used to work for OMGPOP who was facing a deadline on whether or not to exercises his options. He couldn't decide, and Porter didn't want him to lose out, so he hired him as a contractor to extend his vesting as well. He made money too.
Every single employee got something from the deal, even new employees who hadn't reached their cliff. Porter made sure it happened.