Folks from Swiggy, how much is your ESOP worth right now?
Swiggy was valued at $10B a couple of months back. Good luck employees waiting for ESOP buy-back in July 2023. Your shares are now worth half of what it used to be!
https://www.moneycontrol.com/news/business/invesco-cuts-swiggys-valuati...
Approx 2000 Swiggy folks are going to be like “Paisa hi Paisa”. Anyone here who will be benefiting from this??
Would you rather sell at a devaluation and access liquidity or hope that next buy back allows you greater rewards?
Managed to cash out atleast 25% of ESOPs (on average) up till now? This is a very important test of liquidity for our ecosystem. Its been almost 8 years of VC funded existence. Any thoughts on this?
