What’s the valuation at which buyback is offered? How low compared to last funding round? : 3.5bn compared to 5bn valuation earlier.
2. Is this a buyback or secondary sale?: Buyback
3. Upper cap on how much can someone sell?: you need to login to the portal to see your eligibility. There is a max cap. Different for everyone.
4. Is everyone allowed to participate who has vested stocks? : Vested stocks only
5. Any other rules? :Maybe. Who cares.
6. Are you happy? : No!
why aren’t you happy?
Any startup doing buyback / secondary should be celebrated. This needs to be hard mainstreamed in the culture.
What kind valuation is done and how, suppose if I got 5 lakhs worth of ESOPs in 2022, then how much they gonna value now? Can you help with the numbers
what were the various caps? what sort of amounts are we talking for people having gotten paid - if you could share some trends please
It's always something to look forward to in a startup. But wanting to know if it's actually meaningful. Are you making good money from it? Anybody around you who is making good money from it.
This would really help a lot of us in start...
