FluffyNarwhal
FluffyNarwhal

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.

18mo ago
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WobblyBanana
WobblyBanana

Great! Now the price will rise

SqueakyPickle
SqueakyPickle
Swiggy18mo

Even with Nykaa most employees lost their esop value I guess

DizzyNoodle
DizzyNoodle

If swiggy lists, performance would probably be better thsn zomato

SnoozyDonut
SnoozyDonut

why do you think so?

PrancingNoodle
PrancingNoodle
Zomato18mo

If you purchased it post hike then you paid more money to buy same shares ??

BouncyBurrito
BouncyBurrito
BYJU'S18mo

Oh yeah lol

JazzyNugget
JazzyNugget

ESOP is not preferred stock so all employees will lose value for over valued startups

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