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Stealth

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. ⁠

16mo ago
Baby_yoda
Baby_yoda
Stealth16mo

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.

BengaluruLandLord
BengaluruLandLord
Stealth16mo

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

Xvz
Xvz
Cred16mo

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

AliveYouth71
AliveYouth71
Stealth16mo

Nope

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