Referring to his experience of the Dot-com bubble, Jack explains to Richard that they need to make profit fast, and promises that he would never compromise the product, later explaining that by "product" he means the company's stock value. Richard meets with the sales team at Pied Piper and realizes that plans for the platform are business-facing instead of consumer-facing. Belson fires the entire Nucleus team, and uses the profits from the reclaimed stock options to offer Big Head a $20 million severance package in exchange for non-disclosure and non-disparagement agreements. Meanwhile, at Hooli, Belson discovers that the now invalid employment contracts would allow him to fire affected employees without severance and take back unvested stock options. Afterwards, Richard meets with Jack Barker, Raviga's choice for the CEO of Pied Piper. However, disappointed at how banal the project assigned to him would be, he rejects the offer and decides to stay with Pied Piper. Richard meets with a company called Flutterbeam that wants to hire him as CTO. See also: List of Silicon Valley episodes No.Īfter failing to convince the board of directors to keep him on as Pied Piper CEO instead of demoting him to Chief Technology Officer, Richard threatens to quit and sue to regain his intellectual property.
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