Indian Startups12mo
by GoofyDonutDisney+ Hotstar
PerkyWalrus
Meesho ESOPs
Who is getting how much 💸
12mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
PerkyWalrus
CARS2412mo
Meesho folks liking this post - kuch toh bolo yaar 🥲
SwirlyTaco
PayTM12mo
Nothing too exciting. The price offered is lower than the peak valuation. Anyone who joined post Oct'21 will not see much benefits
SwirlyTaco
PayTM12mo
Though I'm curious what's the point of doing a buy back at this time. This can't be related to secondary sales as it does not involve the company in between. It's between the investors only.
Is Meesho finally achieving the IPO dream?
FloatingPanda
Amazon12mo
Congrats to folks at Meesho
ZestySushi
Meesho12mo
The buyback is being done at a discounted value of ~30%. If you need cash do sell the shares at a price lesser than when you were allocated else hold it till IPO. A lot of folks are confused whether or not to sell due to the discount factor.
PerkyBoba
Amazon12mo
Why tf did they do layoffs?
SwirlyTaco
PayTM12mo
It's at a lower valuation btw than 5.5Bn
ZestyQuokka
Stealth12mo
@ThanosIsRight how much you making? 😬
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Indian Startups12mo
by WigglyDonutGrowth Manager
People at Meesho, can you share experience on ESOP buyback?
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...
Indian Startups13mo
by WobblyBurritoUX/UI Designer
"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.
Top 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...