Zomato employees dumped their shares
All Zomato employees including me and 3 more close friends dumped all our shares we got and bought after recent price hike.
AliveYouth71
Stealth
a year ago
Great! Now the price will rise
PlushRite
Stealth
a year ago
If swiggy lists, performance would probably be better thsn zomato
ESOP is not preferred stock so all employees will lose value for over valued startups
Your company is swiggy currently? Do you like zomato culture or swiggy’
If you purchased it post hike then you paid more money to buy same shares ??
How was your return on ESOPs? Did you make a great exit considering the taxes you may have paid while exercising? (If you exercised while leaving the company?)
Good now price will go much higher and you’ll never be able to buy it back at these prices
