SparklyBurrito
SparklyBurrito

Are ESOP's real?

I have read somewhere that 90% of the People who receive ESOP are never able to benefit from it? (Company not doing well hence never able to sell it). Etc

22mo ago
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ZestyNarwhal
ZestyNarwhal
Meesho22mo

Real? Yes. Worthy? Maybe not unless you got lucky

ZoomyCupcake
ZoomyCupcake
Dunzo22mo

They’re real if your company is listed. Probably if your company isn’t listed but has revenue. BS if your company has 2 months of runway left.

SleepyJellybean
SleepyJellybean
Zomato22mo

Yes they are real. Though it depends a lot on luck whether you will make money or not but if u do, it can be a lot more than your annual ctc. When Zomato ipoed, almost all techies who have been there for more than 3-4 years made good cash, most of them more than 1cr. And the more senior ones even 5cr.

SleepyNugget
SleepyNugget
Amazon22mo

As a wise person once said: ESOPs are dreams until they become legendary reality

PrancingBurrito
PrancingBurrito

Lost over 2 lakhs worth of ESOPs in my last startup. Company closed with no buyer, hence ESOP was literally worthless. I think company spent more on ESOP software and management than actually giving any benefit out of the ESOP.

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