Your Career: When – or If – Do You Pull the Parachute Ripcord?

Lenormand jumps from the tower of the Montpell...
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You don’t have look very far in the San Francisco Bay area to run into someone who has or has had an employment acquisition / buy-out arrangement.

Dentists, CPAs, other business owners of one stripe or another frequently have as part of the sale of their business a provision to work (“earn out period” – samples here) for some defined period of time with the people to whom they’ve sold their practice.… Read the rest

[Things to Avoid at Work] How To Say Goodbye

The adage “You have only one chance to make a first impression”  has a sibling: “You have only one chance to make a decent good-bye.”

I thought of both when I saw Sun Microsystem CEO Jonathan Schwartz’ farewell note as he terminated his employment with the completion of Sun’s acquisition by Oracle [Disclosure: Jonathan and I are nodding acquaintances in our Dolores Park neighborhood of San Francisco].… Read the rest

[Career Planning: Mergers & Acquisitions] What Do You Do When the Rumors Start?

Nothing’s guaranteed except change, and in business (as well as more than just a few non-profits) that means a churn of possible mergers, consolidations, and acquisitions. Across the country biotech companies, financial services firms like asset managers, hedge funds, venture capital and private equity firms, and any number of companies in other sectors are all scrambling – some to stay alive, others to grow by acquisition.Read the rest