How has the Zomato ESOP success stories been like?

Haven't heard a lot about it, but I'm sure folks working there since 2017-18 or so would have made close to 3-4 Cr by now? did some mid-senior people retire from that money?

3mo ago

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Indian Startups10mo

by WobblyBurritoUnacademy

"ESOPs made me rich af"

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.

Comments

I have had ESOPS in 2 companies #1 - company got acquired ..I got 45 Lacs IN ESOP ...thats 1.5X of my last annualize...

Many zomans I know are filthy rich already.

I used to have 65L, atleast that’s what it showed on the portal, now I’ve left the company it’s dropped to 6L Ps...

Personal Finance22mo

by SparklyBurritoStealth

Are ESOP's real?

I have read somewhere that 90% of the People who receive ESOP are never able to benefit from it? (Company not doing well hence never able to sell it). Etc

Office Gossip18mo

by FluffyNarwhalGomechanic

Zomato employees dumped their shares

All Zomato employees including me and 3 more close friends dumped all our shares we got and bought after recent price hike.

Comments

Great! Now the price will rise

Even with Nykaa most employees lost their esop value I guess

If swiggy lists, performance would probably be better thsn zomato

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