Can someone from Ola help understand the internal policy on ESOPs offering? A friend is being offered a mid leadership role as a PM but with miniscule ESOPs (12L over 4 years 😅)
I now work at Ola.
@UprightLocal - What do you mean by culture? Happy to answer a few questions.
Also, 12L ESOPs was at what CTC? This is Ola or Ola Electric?
Culture in product tech teams.. people in Ofc for how many hours? Work life balance? How do leaders treat their teams? Expectations on weekends? Etc etc 😂 CTC I think around 65+. Does it differ for Ola vs Ola electric? Will ask and revert on this
"What do you mean by culture?"
Self-explanatory!!!
Culture is really bad. Abusive, hire and fire. So be careful.
Most of the Indian startups don’t give good ESOPs. Although ESOPs offered in this case are low, do they do buybacks? Never heard about OLA buybacks.
Try to negotiate, but if you don’t have other offers then go for it
Also.. insights on culture would be helpful. 🙏
Work as the only SPM at a seed startup in SaaS. Salary is 45 lpa and 12 lakhs of ESOP over 4 years .
Only PM reporting to the CEO and we have doubled revenue in the last 12 months I have been here and contributing .
I think I got lo...
Work as the only SPM at a seed startup in SaaS. Salary is 45 lpa and 12 lakhs of ESOP over 4 years .
Only PM reporting to the CEO and we have doubled revenue in the last 12 months I have been here and contributing .
I think I got lo...
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?
Someone please give some advice on how can one negotiate ESOPs? How to negotiate vesting period (if possible)? How to sell ESOPs? Can you sell ESOPs after you leave the company?
Do you need to purchase a company’s ESOPs(at a discounted...
