Esops successfully converted?

Lets see how many got their ESOPs successfully converted to Shares.

Converted to shares and sold at a profit

Converted to shares; shares trading at a profit

Converted to shares; shares trading at a loss

Haven't converted yet; waiting for liquidation

Had to give up (company switch)

🍿🍿

463 votesexpired

33mo ago

FluffyNugget

Plivo

33mo

Is giving up must when doing company switch? Can’t u buy them and own ?

JumpyTaco

Stealth

33mo

you can exercise and buy ESOPS once they are vested to you. When leaving the company the company will give you let's say 3 months to buy the ESOPS. If you don't buy the vested shares will lapse.

Once company goes for IPO you will be able to sell them.

SquishyPotato

Google

33mo

Well depends on post termination window that the company has set.

In india most unicorns have 10 years or even heard of 99 years.

This 3months thing is very shady and mostly applies to only foreign companies

SleepyQuokka

Microsoft

32mo

Had so many shared at a startup. 50-60% vested. Company got acquired by a bigger company. They said your shares hold no value now. I got zero. Nil. Nada. Zilch I resigned the same day. Turns out they had a share classification level. C Suite people made crores and all junior level employees were fucked