It doesn't mean anything, "exactly", and that is part of the point of the semi-vague wording.
Generally speaking when something is described as a "team acquisition" it means that the product they were working on was deemed unlikely to be successful. Technically what is happening here is some or all of the current team is being offered jobs at Facebook, quite possibly to work on something totally unrelated to whatever they were doing before.
Payments could range from nothing, to a token sum, to paying back the investors, depending on many factors. The founders may or may not get some kind of small bonus/signing bonus in the process.
These are usually regarded as "nobody gets rich, but maybe a couple of folks don't lose their asses" deals.
It doesn't mean anything, "exactly", and that is part of the point of the semi-vague wording.
Generally speaking when something is described as a "team acquisition" it means that the product they were working on was deemed unlikely to be successful. Technically what is happening here is some or all of the current team is being offered jobs at Facebook, quite possibly to work on something totally unrelated to whatever they were doing before.
Payments could range from nothing, to a token sum, to paying back the investors, depending on many factors. The founders may or may not get some kind of small bonus/signing bonus in the process.
These are usually regarded as "nobody gets rich, but maybe a couple of folks don't lose their asses" deals.