This Cybersecurity Startup Is the Latest to Try Recurring Tenders

We’ve written a lot lately about the hefty stock packages companies like Meta Platforms, OpenAI and others are dishing out to recruit artificial intelligence researchers. Outside AI, many private company CEOs are also recalibrating how they use shares to keep and reward people. 

Take, for instance, Armis. The nine-year-old cybersecurity startup has recently completed a $100 million buyback of shares held by current employees, funded by new and existing investors, CEO Yevgeny Dibrov told me.