The days after AI coding startup windsurf announced that it is happening Acquired by cognitionWindsurf Startup Jeff Wang Took to X To give more information about drama and uncertainty around the deal.
Windsurf was reported to be earlier Acquisition talks with OpenaiBut that deal is separated, with Startup CEO Varun Mohan instead of Google DeepmindCo-founder Douglas Chain, and some of its top researchers. Google will allegedly license Windsurf technology as part of the $ 2.4 billion deal – but will not take equity stake in the company.
It looked like the latest The tendency of “reverse aquaheers”, In which big technical companies want to avoid antitrust check by giving license to their technology instead of hiring major startup team members and getting startups outright.
But what is the startups and the employees who are left behind? As we discussed Equity’s latest episodeThe founder of a startup left a captain riding on a sinking ship with a captain comparing the departing windsurf officers.
Wang, who was the head of Windsurf’s business, became the company’s interim CEO after Mohan’s departure. In his post on X, he offered some sympathy for Mohan and Chen, which he described as “great founders”, which “have become difficult for him as well.”
Nevertheless, Wang recalled an all-hand meeting on Friday, June 11, where most of the team members were expecting to hear about OpenEE acquisition. Instead, they had to share the news about the Google deal and the resulting departure.
“The mood was very foggy,” Wang said. “Some people were upset about financial results or leaving colleagues, while others were concerned about the future. Some were in tears, and Q&A was quite hostile.”
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In Wang’s view, although the company had “lost some great people and took a serious blow to morale,” it was still strong talent including all our IP, products, and an excellent ” [go-to-market] Machine. “So Windsurf can still continue to raise, sell, or just walk.
That evening, however, Wang listened to Anubhuti’s officials Scott Wu and Russell couple, and said that the Windsurf leadership “took the feeling out of the beginning from the beginning and launched the correct in the talks.” In his saying, which was a frantic weekend of discussion with cognition, while considering inbound interest from other possible acquisitions and to convince them to leave with the remaining engineers of Windsurf. (And as it was all happening, “Timeline was exploding with mems and commentary.”)
Both companies were a good fit, Wang argued, due to complementary teams.
He said, “When he had overcrowded in engineering, he clearly reduced in GTM and marketing, and our teams in those works are nothing less globally,” he said. “On the other hand, we were now missing a core engineering team, and there is no better group of AI engineers than the lineup feeling.”
In addition, Wang said that he and Wu (depicted above) were aligned on the need to “take care of all windsurf employees”.
“As a result an important part of the deal came: to pay it to each employee, to forgive all rocks, and to accelerate all the vested for Windsurf Equity,” he said.
The acquisition agreement was clearly signed on Monday morning at 9:30 am, the team was announced shortly after in another All-Hands, then Announcement to the public Shortly after that.
In An interview with BloombergWang described that Friday’s hands said “perhaps the worst day of the life of 250 people” as “probably the best day” on Monday.