All Zomato employees including me and 3 more close friends dumped all our shares we got and bought after recent price hike.
Great! Now the price will rise
Even with Nykaa most employees lost their esop value I guess
ESOP is not preferred stock so all employees will lose value for over valued startups
Had originally bought at 55-60 levels. But believe in Zomato, so doubled down at 180. It looks amazing on portfolio now :)
I have saved up close to a lac from my Internships, will be starting FT soon. I was thinking of YOLOing my entire savings by buying Zomato shares.
I really believe the company will grow multifolds in the future, also I won’t have qualms...
