Recently we have seen so many start-ups turning unicorn and buybacks/IPO in the news. Wanted to know how many from the community actually benefited from it. In case you got lucky, please share the details :) #esops #equity #IPO #startup #india TC : 90 LPA YoE : 11
This is from a friend at Sharechat. After the recent funding which valued Sharechat at 2.1 billion USD, his ESOPs are worth INR 9 cr! He joined sharechat 4 years ago, worked there for 3 years and moved to Europe!
Did he exercise the esops while leaving ? If that is the case wouldn’t he had to pay heavy taxes since the gap between FMV and exercise price would have been huge?
Afaik, he hasn't exercised his ESOPs yet!
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