Meesho Buyback Details
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?
Karilyn Lee
Stealth
8 months ago
What’s the valuation at which buyback is offered? How low compared to last funding round? : 3.5bn compared to 5bn valuation earlier.
2. Is this a buyback or secondary sale?: Buyback
3. Upper cap on how much can someone sell?: you need to login to the portal to see your eligibility. There is a max cap. Different for everyone.
4. Is everyone allowed to participate who has vested stocks? : Vested stocks only
5. Any other rules? :Maybe. Who cares.
6. Are you happy? : No!
1. Valuation is 3.9 bil 2. Does it matter? 3. Differs for current and ex employees. 4. Yes. 5. No. 6. Very happy
what were the various caps? what sort of amounts are we talking for people having gotten paid - if you could share some trends please
Any startup doing buyback / secondary should be celebrated. This needs to be hard mainstreamed in the culture.
Kendall Carmden
Stealth
8 months ago
For ex-employees it is 15%
1. What’s the valuation at which buyback is offered? How low compared to last funding round? 3.9B
2. Is this a buyback or secondary sale? Secondary
3. Upper cap on how much can someone sell? No idea
4. Is everyone allowed to participate who has vested stocks? Yes
5. Any other rules? No idea
6. Are you happy? Very happy. Extra money in this environment is great
What kind valuation is done and how, suppose if I got 5 lakhs worth of ESOPs in 2022, then how much they gonna value now? Can you help with the numbers
