<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Employee shareholders at an Aussie start-up are set for a big pay day after the </span><a href="https://www.9news.com.au/business" rel="" target="" title="company"><span>company</span></a><span> was acquired for $1.6 billion.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Digital </span><a href="https://www.9news.com.au/health" rel="" target="" title="health"><span>health</span></a><span> company Eucalyptus was acquired by </span><a href="https://www.9news.com.au/usa" rel="" target="" title="American"><span>American</span></a><span> telehealth company Hims and Hers for $1.6 billion late last week.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The seven-year-old Australian business owns online weight loss services Juniper and Pilot, which prescribe GLP-1 medication similar to Ozempic and Mounjaro.</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>MONEY:</span></strong><span> </span><a href="https://www.9news.com.au/national/record-amounts-of-super-needed-for-comfortable-retirement-new-figures-show/e5b7ebdd-9d1a-4c64-a64d-92c460f12d77" target="_blank"><strong><span>Super needed for 'comfortable' retirement hits record levels</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>NATIONAL:</span></strong><span> </span><a href="https://www.9news.com.au/national/trump-tower-on-gold-coast-australia-petitions-launched-in-response/83f92312-b767-4d78-8530-7c6e87046dc0" target="_blank"><strong><span>Design for Trump's first tower resort in Australia revealed</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Eucalyptus also runs other telehealth services including a fertility program.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The sale will lead to one of the biggest staff share pay-outs in Australian corporate history and give early-stage backers a big pay day.</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/national/eucalyptus-acquisition-employees-at-aussie-startup-set-to-receive-420-000-dollar-windfall/33d43301-659d-4339-96a7-48e2841b6654" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The </span><em><span>Australian Financial Review</span></em><span> has reported the value of the shares under the deal, excluding its co-founders, was about $300 million.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The average employee participant is expected to pocket $420,000, with more than 100 to benefit from the sale.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The AFR reported former Eucalyptus chief commercial officer </span><a href="https://www.afr.com/technology/millionaires-aplenty-as-eucalyptus-1-6b-sale-spreads-across-staff-20260223-p5o4m9" rel="nofollow" target="_blank" title="Joe Harris made more than $1 million"><span>Joe Harris made more than $1 million</span></a><span> from the sale.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Eucalyptus chief executive and co-founder Tim Doyle is in line for $163 million by 2029 if he hits several targets.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Early investors including Blackbird Ventures, Who Gives a Crap toilet paper founder Simon Griffiths and Co Ventures founder Maxine Minter will also benefit from the acquisition.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Doyle described the acquisition as a "full circle moment" for the start-up.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"When we were launching Eucalyptus, we drew inspiration from Hims &amp; Hers," he said.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"Hims &amp; Hers is the best-positioned business in the world to be the home for consumer health.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"This is also a moment to look backward and say thank you - to our investors, staff, clinicians, partners and our patients."</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><em><span>NEVER MISS A STORY:</span></em></strong><span> </span><em><span>Get your breaking news and exclusive stories first by following us across all platforms.</span></em></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><ul><li><strong><em><span>Download the 9NEWS App here via</span></em></strong><span> </span><a href="https://apps.apple.com/au/app/9news/id1010533727" target="_blank"><strong><em><span>Apple</span></em></strong></a><span> </span><strong><em><span>and</span></em></strong><span> </span><a href="https://play.google.com/store/apps/details?id=nineNewsAlerts.nine.com&amp;hl=en_AU&amp;pli=1" target="_blank"><strong><em><span>Google Play</span></em></strong></a></li><li><strong><em><span>Make 9News your preferred source on Google by</span></em></strong><span> </span><a href="https://9.nine.com.au/8x987w" target="_blank"><strong><em><span>ticking this box here</span></em></strong></a></li><li><strong><em><span>Sign up to</span></em></strong><span> </span><a href="https://login.nine.com.au/edm?client_id=nineatnine" target="_blank"><strong><em><span>our breaking newsletter here</span></em></strong></a></li></ul></div></div>