1) looks like that's what it means. 
 2) how will you cashout ESOP unless there's a buyback?

Recruiter has told me that investors of Pine Labs like Mastercard, SBI etc would buy ESOPs after an year I.e April 2024

Software Engineer

That's just on paper. Just think of this. Why would an investor buy? He needs to make money. If he buys your share, who benefits? 
 You. Not the company nor him

Business Analyst

I am new to this ESOP thing. Recruiter told that after every year I can cash out by selling ESOPs to any of Pine Labs investors like Mastercard, SBI etc

To my knowledge, yes. It is just like stock market.

Founder

Welcome to Indian Startups's Private Community

[Need help] I have 3 lakhs of Pine Labs ESOPs each year. Got this news yesterday where Neuberger berman has reduced Pine Labs valuation by 39%. Does this mean when I try to cash out 3 lakh ESOP, the actual value would be 39% lesser?

[Need help] I have 3 lakhs of Pine Labs ESOPs each year. Got this news yesterday where Neuberger berman has reduced Pine Labs valuation by 39%. Does this mean when I try to cash out 3 lakh ESOP, the actual value would be 39% lesser?- Grapevine

Can someone confirm this ? 
If yes can you say the minimum designation to get ESOP? 

Thanks 👍

Does Pine Labs provide ESOP?

Welcome to Personal Finance's Private Community

I got a offer where i will get the equity. Does people really make money when company get sold considering in my case if i get 1% equity.

Also how does it work? Suppose when we start valuation of the company is 1 cr so my part will be 1L. Now in the next round suppose the valuation is 10cr then does it increase my equity to 10L or it dilute my % of equity?

Suppose if the company is sold at 100cr, do i really get 1 cr? Kindly let me know how it works and really people make money or not if it get sold.

How does equity works for founding engineer?

Engineering Manager

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?

Chartered Accountant

Horrific scenes in the Indian startup ecosystem. From being on the verge of an IPO to raising an emergency round which shall lead to the sudden death of employee ESOPs. Crores of wealth destroyed for the employees.

A chain reaction of horror is about to unfold for late stage startups.

90% downround Pharmeasy

Product Manager

Welcome to Business Roles's Private Community

What is a reasonable ask while negotiating with startups?

Should I ask for a match or hike of X% over my TC/annum (52lk Base + 8lk Bonus + Rs30lk RSUs), or should I negotiate only over the Cash (Base + Bonus) component?

A startup I’m negotiating with is not considering the RSUs I have and is offering a 8% hike only on the cash component, and is throwing in ESOPs (paper money) instead.

What do I do?

Need help negotiating with a startup

Meesho ESOPs

Growth Manager

Share with your founders and alway ask for equity.

Investor

I was allotted 40 ESOPs at 8000/- value of each share. Now new funding is raised at 100 cr valuation. What will be the value of my ESOPs post funding.

Need ESOPs valuation

I have 6 years experience. My current base/fixed is 60 LPA. (I also got a 5 lakh bonus and 5 lakh of my ESOPs vested this year making my total vested about 30 lakh. So the total comp is 70). 

I'm being offered a senior engineer position in an early stage startup (as part of the founding engineer team). They haven't given an offer yet.

Being early stage, the emphasis will most likely be on ESOPs. How do I evaluate this and set my expectations? (If I were to switch to a mature company, I believe the hikes usually are between 15-20%? How does this work for early stage startups?)

Salary expectation at early stage startup

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

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.

[Need help] I have 3 lakhs of Pine Labs ESOPs each year. Got this news yesterday where Neuberger berman has reduced Pine Labs valuation by 39%. Does this mean when I try to cash out 3 lakh ESOP, the actual value would be 39% lesser?

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