WigglyUnicorn
WigglyUnicorn

How has the Zomato ESOP success stories been like?

Haven't heard a lot about it, but I'm sure folks working there since 2017-18 or so would have made close to 3-4 Cr by now? did some mid-senior people retire from that money?

10mo ago
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Indian Startups
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
user

I have had ESOPS in 2 companies #1 - company got acquired ..I got 45 Lacs IN ESOP ...thats 1.5X of my last annualize...

user

Many zomans I know are filthy rich already.

user

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...

Personal Finance
by SparklyBurritoChartered Accountant

Are ESOP's real?

I have read somewhere that 90% of the People who receive ESOP are never able to benefit from it? (Company not doing well hence never able to sell it). Etc

Office Gossip
by FluffyNarwhalBusiness Development M...

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.

Top comment
user

Great! Now the price will rise