Discover and read the best of Twitter Threads about #ESOP
Most recents (2)
#ESOP > time to demystify, and talk openly about the opportunities and implications for both founders and employees (to be clear – this isn’t tax advice or legal advice > just trying to make some sense of it for the many questions I recently got…)
Long #Thread, here we go…👇
Long #Thread, here we go…👇
1/ To start with, ESOP (Stock Options), can come in many shapes & forms. It serves 2 main things: (i) for founders, one of the best ways to attract+retain top talent;(ii) for employees - a potnetial for material upside making #AfricaTech, one of the most attractive options around
2/ Before focusing more on what’s important to know & consider as an employee (much hairier topic in my view) let me share this: #founders need to think through/plan for ESOP right from the start. Maybe not at pre-seed, but I’d argue that latest right after, and preferably before
ESOP allotments and buybacks in Indian #startups in 2020
=> Pine Labs allotted Rs 102 Cr worth #ESOP to its CTO, CFO and a dozen others [Sep]
=> Zetwerk allotted Rs 4.77 Cr worth ESOP to founders and employees [Sep]
=> Zerodha completed ESOP buyback worth Rs 60-65 Cr [Sep]
=> Pine Labs allotted Rs 102 Cr worth #ESOP to its CTO, CFO and a dozen others [Sep]
=> Zetwerk allotted Rs 4.77 Cr worth ESOP to founders and employees [Sep]
=> Zerodha completed ESOP buyback worth Rs 60-65 Cr [Sep]
=> Vy Capital bought Urban Company’s Rs 37.5 Cr worth ESOP [Aug]
=> Zomato allotted ESOP worth Rs 385 Cr [Aug]
=> Byju’s allotted ESOP worth Rs 53 lakhs to 4 employees [July]
=> Oyo announced Rs 130 Cr worth ESOP for furloughed employees [June]
=> Zomato allotted ESOP worth Rs 385 Cr [Aug]
=> Byju’s allotted ESOP worth Rs 53 lakhs to 4 employees [July]
=> Oyo announced Rs 130 Cr worth ESOP for furloughed employees [June]
=> Paytm allotted ESOP to WeavedIn’s co-founders and staffs worth Rs 4.8 Cr [July] + Rs 14 Cr ESOP to employees [May]
=> Meesho provided ESOP buyback worth Rs 7.2 Cr [Feb]
=> Meesho provided ESOP buyback worth Rs 7.2 Cr [Feb]
