ESOPs

Ever heard about people getting payout for their vested ESOPs when they exit the firm? Does this really happen?

26mo ago

Jobs

One interview, 1000+ job opportunities

Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑

+322 new users this month

GigglyRaccoon

Stealth26mo

The firm usually has a vesting event then only they can get the payout

DancingSushi

Cred26mo

Buyback kind of right?

GigglyRaccoon

Stealth26mo

Yes.. ESOP buyback happens at the vesting event or at IPO

QuirkyWalrus

Stealth26mo

Got a buyback from my last seed startup when leaving as an early employee, so it does happen. Although the amount wasn't a lot for me.

PrancingBanana

Stealth26mo

See you can get a buyout and they do happen. It's just risky and that's as probably it'll be years before the business is in good shape to compensate you. So suggest evaluating both the trust aspect of the founder and whether you honestly believe that the company can grow big