SquishyQuokka
SquishyQuokka

Flipkart esop buyback? Did anyone got to be a millionaire?

Employees @Flipkart are set to receive a one-time cash payout from a $700 Mn employee stock option plan (ESOP) buyback. ⁠

17mo ago
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FuzzyLlama
FuzzyLlama

It was reported that 30k employees will benefit from it, but 200mil of sorts will go to 30 odd early employees. So only them mostly, rest will get peanuts.

FluffyTaco
FluffyTaco

As per reports it's just 20% of their vested + unvested shares. So not much. Chill out

JumpyPotato
JumpyPotato
Cred17mo

I think many early employees would've sold during walmart acquisition right..

WobblyBanana
WobblyBanana

Nope

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