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ZestyDonut
ZestyDonut
Pine Labs

[Need help] I have 3 lakhs of Pine Labs ESOPs each year. Got this news yesterday where Neuberger berman has reduced Pine Labs valuation by 39%. Does this mean when I try to cash out 3 lakh ESOP, the actual value would be 39% lesser?

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24mo ago
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DerpyUnicorn
DerpyUnicorn
PhonePe24mo
  1. looks like that's what it means.
  2. how will you cashout ESOP unless there's a buyback?
ZestyDonut
ZestyDonut
Pine Labs24mo

Recruiter has told me that investors of Pine Labs like Mastercard, SBI etc would buy ESOPs after an year I.e April 2024

DerpyUnicorn
DerpyUnicorn
PhonePe24mo

That's just on paper. Just think of this. Why would an investor buy? He needs to make money. If he buys your share, who benefits? You. Not the company nor him

ZestyDonut
ZestyDonut
Pine Labs24mo

I am new to this ESOP thing. Recruiter told that after every year I can cash out by selling ESOPs to any of Pine Labs investors like Mastercard, SBI etc

WigglyMarshmallow
WigglyMarshmallow
Stealth24mo

To my knowledge, yes. It is just like stock market.

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