UC announces its biggest ESOP buyback

How many new millionaires on GV? Congrats to everyone who's made a fortune here. Please share some discount codes for the rest of us plebs!

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.

Just like a wow

Some thing good in startup ecosystummm! https://startupstorymedia.com/insights-cardekho-group-announces-5-million-esop-liquidity-buyback-reports-strong-growth-in-fy23/

Fast learning and fast paced growth aside, after 15 years of MNC experience I joined a startup to get some ESOPs.. and hopefully a good buyback .. I have worked in 2 startups now.Both of these were already Unicorns when I joined . While I love the culture and dynamic pace of a startup i feel my chances of getting a payout are slim... My personal learning is to get a good reward you have to be in top 10 employees for sure ... otherwise it's not worth it .. There is no point joining a Unicorn in middle management...or second in command in any function... Happy to hear your thoughts !

I am in discussion with some very early stage startup and if things work out then will be part of the founding team. They have promised to give me same salary as the current company’s salary but give ESOP. Is ESOP worth it if you are founding team member? The founder has sold his previous company so higher chance of success it looks to me. Is there any case where person made huge money on ESOP?

Would you rather sell at a devaluation and access liquidity or hope that next buy back allows you greater rewards?