This is a good question. A lot of people, all over the world, put a lot of work into something and getting acquired turns stock options worth $0 into options worth a lot more than that. It’s just my $0.02 but, knowing the founders and who they are, I’m fairly sure this was more about giving back to the folks that made it happen than it was a purely business decision.
Also, Auth0 was investor-backed so there was likely a lot of pressure to sell at the price being offered. I don’t know how all that works exactly but I can imagine that this kind of decision is made by more people than just the founders.
Also, Auth0 was investor-backed so there was likely a lot of pressure to sell at the price being offered. I don’t know how all that works exactly but I can imagine that this kind of decision is made by more people than just the founders.