Swiggy ESOP buy back: anyone has the scoop on this?

30% discount since last valuation is still great
Enough people would have at much lower valuations

That’s roughly Zomato’s current market cap

To most employees, ESOPs becoming liquid is a big deal I think.

Great opportunity for folks who wanted to exit. But imo most folks are missing the forest for the trees.

This is 4th liquidity event in swiggy. Which in itself is a big thing for most startups. 30% discount is slightly higher but still considerable given the market dynamics.
Most people are liquidating