I consider all esops to be of zero value and they all turned out to be of zero value.

Start considering it to have value and things might change for the better

Program Manager

If it's a startup with flawed biz model like Byju and vss then jump the boat. 
  
 Else, if in a listed firm with ebitda positive stick and book profits

Senior Consultant

I didn’t get substantial wealth since I was with the company for 1.5 years. I got around 6.5 lakhs after taxes deduction. But some of the older employees got 50 lakhs plus after taxes, and few above Cr. I sold half of my vested units.  
 Currently, though the startups valuation have decreased and I don’t think I will be getting any value for the remaining ones. 
  
 If there is a buyback event, do try to sell some of your vested units.  
 If the startup is generating profits, profits increasing and have a good MOAT then, it’s better to hold the units, but definitely do your analysis.

Head Of Growth

I joined my present company a year back, my peer has been here for 5 years and holds RSU's amounting to 1.5 crores (Share value got 4x in 5 years).

Welcome to Indian Startups's Private Community

How many of you have generated substantial wealth through ESOP/RSU?

Chartered Accountant

How many of you have generated substantial wealth through ESOP/RSU?- Grapevine

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

I work at a startup and have been here for more than 7 years. I joined right after graduating from a tier 1 engineering college (one of the old IITs). I was the first team member after the founders and now hold the position of non tech CXO in the company. The startup has grown significantly, not in traditional funding terms but in actual business. I have dedicated countless days and nights to growing this company, hardly taking a single day off in the initial 4 years, and often working more than 10 hours daily. My salary has increased proportionately to what I should be paid (>65 LPA), and I also have decent ESOPs in the company, which could be worth anywhere between 2 to 4 crores depending on the valuation at which we raise funds. However, I don’t count ESOPs as real money. In the next 10 years, it's going to be a very big thing, and I am glad to be part of it. Many of my friends, who have done MBA from IIMs and worked at BCG or Bain, are craving for the position I am in.

But I feel FOMO about not trying anything else in life. It's like achieving decent success on the first try. I use the word "decent" and not "crazy" because it's not crazy success.

What do I want ideally?
I'd like to take a 6-month break and then figure out my next steps. Maybe start something new or join another company at a leadership level. But I am too afraid of not getting the same opportunities and ending up struggling.

Thus the question:
Is there any agency that works specifically to help you get a job at a CXO position? How does it work? Can a non-MBA with 8 years of work experience get a CXO position at a decently big company (>300-500 crores in revenue)?

CXO Position, Right after college. Confused now !

Growth Manager

Hello guys,
I would want to know what is the benefit of getting ESOPs in an early stage startup?
The startup has a great team and working on a promising product. 
I have been offered a package with somewhat lower fixed component and somewhat higher ESOPs. Need insightful pointers here. TIA :)

Value of ESOPs in early stage startups?

The ESOP is a bit of a blind bet.  
  
 It's paper money that can get you a windfall if all goes to plan and execution, solution, pricing, market readiness amongst other things, all line up over the next few years.  
  
 I wouldn't take a pay cut in lieu of ESOPs.  Keep the real money real and the paper money as an outside bet.

Sales Manager

Product Manager

My profile: EX. Founder turned Product+ strategy person
YOE: 5+
ESOPs: 80 lakhs 
Cliff: 1 year
Vesting period: 48 months

I am still thinking after how many years it will be valuable given the liquidity is very rare for ESOPs. Any thoughts?

Are your ESOPs worth it?

Product Owner

How many real startup or companies were able to convert esops to RSU or real money? Can anyone share their success stories for wealth creation.

Esops to RSU

Lawyer

Need help with understanding which are the top series B, C startups in Bangalore with huge growth potential?

Will name a few:
Flobiz
Vyapar
Velocity (series A I guess)
What else?

Top series B,C SaaS startups in Bangalore?

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

Software Engineer

Welcome to Personal Finance's Private Community

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

Are ESOP's real?

Welcome to Fintech India's Private Community

I’m looking to achieve FIRE, my figure is 8CR. Planning to accomplish it by 2030, I’m 27Yrs old today.

How can you make your 1st 1Cr?

Senior Product Manager

Hi GVers,
For those who've seen their company IPO (Zomato, Nykaa, PayTM, Delhivery etc.) during their tenure, by how much did you ESOP value appreciate after the IPO? Also, how long before the IPO had you joined the company?

For those who've seen buybacks and secondary sales in their company
How much did your ESOP value appreciate during such events, if any? How long ago before the event had you joined the company?

PS: I've heard ESOP value for some IPO borne companies appreciate by 2x after the IPO.

Wealth creation from ESOP

Strategy Consulting

Welcome to Software Engineers's Private Community

Hi,

I have been working in the Software Industry for the past 9 years. I feel like I have made a good use of my time and money and maybe some of my lessons can help you folks as well. Recently did a calculation for my NW and I am happy and proud to see my NW crossing 2CR+. I have 0 debt and do not own a house. Here is how my portfolio look like

TC: 1.3 Cr
YOE: 9

I am happy to do an AMA. Ask me anything about tech, career, love, marriage, money management, therapy, songs and movies.
#Ask Me Anything #ama #amazon #atlassian #google #startups #bengaluru #networth #money management #finance #india

Sorry if delay in responses, I'll answer all your questions eventually.

[AMA] 9 years in Software Engineering in India. NW 2.5Cr

I see a lot of similar questions and I'll try to answer them here.

>>>>>>CTC Progression<<<<

My current CTC is 1.3CR . 50% is cash, 50% is stocks.

Here is my CTC progression over the years

1st - 12L
2nd - 12L (Switched Companies)
3rd - 15L 
4th - 24L (Switched companies)
5th - 42L (Switched Companies)
6th - 48L
7th - 66L
8th - 72L
9th - 1.3Cr (Switched Companies)

As you can see I almost everytimg doubled my compensation when I switched my companies. But there are reasons to stay at a company as well. If you are learning and are able to handle different problems at scale, stay. When you feel stuck, leave and look for better opportunities. I have never switched job to get more money. I love CS. I have been coding since 15 years. What made me switch was either bad managers, uninteresting problems not visibility of learning and growth.

1. Real estate (invested value)
2. Liquid cash
3. Other Investments (invested value)

The wealth should not be inherited.

I'm 30. No house, 10L in cash and 5L in mutual funds. No inherited weath.

How much wealth have you created yourself?

Seeing the comment section,I realise I am broke.

Frontend Engineer

Software Developer

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

How do you guys manage your RSUs ?

1. What’s the valuation at which buyback is offered? How low compared to last funding round?
2. Is this a buyback or secondary sale?
3. Upper cap on how much can someone sell?
4. Is everyone allowed to participate who has vested stocks?
5. Any other rules?
6. Are you happy?

Meesho Buyback Details

I am working as Head of Operations in a FMCG company for the last 6 years. I needed some understanding of the market rates for someone with my responsibilities.

I look after any tech implementations within the org (including ERP), logistics, a 10,000 sq ft warehouse and profitability of 2 marketplace channels. I manage a team of 14 employees.

I joined when the company was at a very early stage and we’ve got multiple funding rounds + 1 esop buyback.

Current CTC - 15 L + ESOPs
YOE - 6 years

How many of you have generated substantial wealth through ESOP/RSU?

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