One of my friend sold his google stocks to buy a royal enfield. Early 2012

Corporate Banking

Software Engineer

Heard about a legendary employee at Amazon who sold a bunch of Amazon stock years ago at a very small price to buy an expensive mattress that he really liked.   Do you have any such crazy stock sel...

Heard about a legendary employee at Amazon who sold a bunch of Amazon stock years ago at a very small price to buy an expensive mattress that he really liked. 

Do you have any such crazy stock sell story?

Craziest stock sell by an employee ever

Product Marketing Manager

Craziest stock sell by an employee ever- Grapevine

Welcome to Indian Startups's Private Community

Where did you work and how much money did you make?

Asking as it looks like a lot of promise of ESOPs and wealth creation has failed employees in this bloodbath slow growth, layoffs, and job changes.

"ESOPs made me rich af"

I have had ESOPS in 2 companies 
#1 - company got acquired ..I got 45 Lacs IN ESOP ...thats 1.5X of my last annualized salary  ( so additional salary for 18 months) 
#2 - Company became unicorn ... I quit and company bought my ESOPs . Got 2 Cr
That is 3X of my annualized salary

Company 1 - I had joined at very early stage ; Company 2 - I joined at mid-stage

UX/UI Designer

Welcome to Software Engineers's Private Community

I got laid off in December. I want to keep my head high and have decided to retire just after 6 years in the industry. AMA

Laid off at Amazon.Not going back to SWE. AMA

Saw this question on a really old AskReddit thread, and it made for a very interesting read. 
Learnt that Lancome is exact the same products at Loreal but 20% more expensive.

But most of the things were US related. Got me curious what the Indian version would look like.

Looking to learn some industry secrets, TILs, and more :)

What secret from a former job can you reveal now that you no longer work there?

Energy domain - my previous company was selling their Software in the name of AI but all they were doing in the background was manual calculation and Power BI methodologies.  
 Scam 😆

Consultant

Corporate Strategist

Welcome to Office Gossip's Private Community

What's the craziest reason someone got fired?

Here's mine at my previous job. A collegue of mine was fired for smoking weed in the bathroom. He got back to his laptop and he was high as fuck, I am pretty sure he didn't even understand why he was getting fired.

Software Developer

What is the craziest office rumor you've heard that turned out to be true?

Well well..Look who is going with a fat pay check home amid layoffs

DevOps Engineer

Wtf is this real?

Employees  @Flipkart are set to receive a one-time cash payout from a $700 Mn employee stock option plan (ESOP) buyback. ⁠

Flipkart esop buyback? Did anyone got to be a millionaire?

Growth Manager

Welcome to Personal Finance's Private Community

Before people jump into validation mode, I thought let’s do something ulta (opposite)🙃

Pick one of your worst investment mistakes (it can be a stock, RE, ULIP, relationx blah blah) 

My inputs - During 2021/22 real estate boom, I picked a real estate stonk (india bulls) as I thought it’s a growing sector and company will become beneficiary after all the sins they have committed in past. Bam! Over next 5 months stock crashed ~50% 🥲

FriYaY is Investment day on GV!

Product Manager

People working at Paytm how are you dealing with the loss in equity? Is the company providing additional equity for the loss incurred this month? 
Is there any indication by the leadership on how they want to handle this?

Paytm Equity loss to employees

What are some of the Startups known for their terrible work environment? Apart from the usual suspects in the edtech space.

Not a great place to work

Project Manager

Can be GMV, revenue, users, EBITDA, customer satisfaction etc. 
Curious to know what are things people here have seen 👀

Innovative ways you've seen a company/startup pump up their metrics?

An Indian social app (not koo or sharechat) hired a guy who would go on different groups in the app and write “jai shri ram”. He will get about 40 replies saying the same. They said startup claimed high engagement and retention with this tactic

Founder

Analyst

https://www.moneycontrol.com/news/business/startup/coding-ninjas-under-fire-for-allegedly-prohibiting-employees-to-exit-office-premises-without-permission-10736881.html

This video is doing the rounds and the company has admitted this happened😲
Does anyone know what's the context to this and why would any one do this ?

Whats the story behind the coding ninjas incident ?

Brand Marketing Manager

I left the product design team of Nykaa a few days back & I foresee things going from bad to nasty. My x colleagues are telling me how a large bunch of folks are put on PIP deliberately. Almost all of them have gotten no or single digit appraisal. Just this week they are now forcing even the Tech. Employees to work from office for 5 days a week, this will ensure that a lot of people will eventually leave the company. The new CTO is just trying to bring the amazon work culture, don’t be surprised to hear some bad news about Nykaa in coming days. The fashion business is itself struggling to make business, Superstore might not make any profits anytime soon.

Things aren’t good at Nykaa

Just curious, I would like to know what are some of the most uncommon ways people have made money.

Please don't say internships, jobs etc 

Let me go first : made a playlist of some niche focused videos on YouTube ( can't disclose the niche as of now )
Added the playlist link to a doc and 💥
Sold it on gumroad for some good $$ to a good no. of people. 

Your turn now

What's the craziest way you've made money ?

At start of 2020 was transitioning to a new job. Got FnF of 1.3L from prev. job in March of that year.  
  
 Unwittingly YOLOed all of it into crypto (ETH, MATIC, UNI). Over the next year it grew to ~85L. Withdrew all, paid taxes and put the lumpsum ~50L in mutual funds and FDs on dad's advice. Not gonna get lucky like that ever again.

I am not really good with finances, my personal portfolio size is around 15lacs, and other than that my 11 lacs worth of Amazon RSUs are vested.

I have genuine question on how do you guys manage RSUs ?
Do you take it out and invest somewhere else or just let it stay there in your company broker account.

Can someone help me in managing it better.

A bit more context about me if that helps:
* currently working as SDE 2 promoted 2 quarters back only ( before that TC was around 21) and current TC is around 49lacs

Craziest stock sell by an employee ever

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