If you own Zendesk, here is why you want to vote NO for the acquisition.

the board of directors took a plea deal. The incompetent board and ceo were about to be in major legal trouble and getting sued by the investors at Jana Partners. They took a deal to get acquired to avoid all of It. This is straight extortion and being completely ignored. Corruption at its finest.

Jana investors is a shady activist investor that is trying to liquidate and has no regard for the long term upside. They want to diversify our of saas and are willing to burn everyone else. They have back door relationship with the acquirers and facilitated the purchase.

The value is trading at absolute bottom of saas valuations. It’s being sold for a bargain Vs it’s peers. There’s no reason to sell at the bottom.

it’s a healthy cash generating business that has no reason to sell. It’s not in any trouble and will emerge worth way more in 2-3 years when the investors take it public again after they gut it. It’s just a bunch of corrupt activist funds that are forcing this sale through manipulation and illegal behind the scene threats.

this entire process has been illegal ways and it’s being completely swept under the rug. If anyone actually bothered to look at the connections and relationships between the players they’d see not only conflict of interest but blatant corruption