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Jayant Mundhra

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Dexter Capital Advisors • 9m

🚨🚨 Really misleading influencer posts doing the rounds ahead of Ola Electric’s IPO. These talk about how the IPO is set to create massive wealth for the company’s employees, especially for the top 10-member leadership. They say, the Top-10 people at Ola Electric hold a massive Rs 10.3k crore worth shares. .. But, what’s misleading here? The fact that 97% of those shares belong to the founder, Bhavish. Thus, the true wealth creation for employees, though sizeable, is nothing close to the 10k crore figure which is doing the founds in finfluencer posts and reels. So, if you have already seen those posts, or if you see them in coming days, know the truth, and do call it out :)

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So basically a bunch of employees received Rs. 65 Cr distributed amongst them 😳🔥 Wealth can only be created by shares/esops!

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