Fred Wilson has some important thoughts regarding Palm’s Stay Packages which he point out are quite common to hand out when a business is up for sale. He explains why here. What prompted his piece was an article which positioned the payouts as bribes – a term he calls unfortunate.
On a related note, it is sad to see how Palm is having so many problems. The company not only had a head start in the handheld computing market, the iPhone and iPod Touch actually borrow some of the simple design features the device pioneered. It goes to show you how fast the tech market can change and how companies can disrupt markets – almost out of nowhere.