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SquishyQuokka
SquishyQuokka
Gojek

Swiggy ESOP buy back: anyone has the scoop on this?

Would you rather sell at a devaluation and access liquidity or hope that next buy back allows you greater rewards?

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16mo ago
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WigglyDonut
WigglyDonut
CityMall16mo

30% discount since last valuation is still great
Enough people would have at much lower valuations

That’s roughly Zomato’s current market cap

SquishyQuokka
SquishyQuokka
Gojek16mo

@CallMeShirley That makes sense actually.

BubblyDonut
BubblyDonut
Dream 1116mo

To most employees, ESOPs becoming liquid is a big deal I think.

FluffyNugget
FluffyNugget
Swiggy16mo

Great opportunity for folks who wanted to exit. But imo most folks are missing the forest for the trees.

CosmicNoodle
CosmicNoodle
Swiggy16mo

This is 4th liquidity event in swiggy. Which in itself is a big thing for most startups. 30% discount is slightly higher but still considerable given the market dynamics.
Most people are liquidating

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