DEAR INVESTORS: SIT DOWN. ROLL OVER.

“I am pleased to announce that our Board of Directors recently approved a cash bonus arrangement for certain key employees of Pets.com, Inc., including yourself.”

Pets.com executives Julie Wainwright and Chris Deyo in letters they sent each other shortly before they closed the company, divvying up some of the rapidly dissolving retailer’s cash on hand in a mutually-agreed $225,000 retention bonus, Pets.com quarterly filing, 14 November 2000

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s