Multiple startups are facing cash-crunch and employees are suffering because of mismanagement and failure of management to either create a sustainable startup or failure to raise money. Would you stick with a startup if it runs out of cash?
2 replies5 likes
Chhaparwal
Stealth • 6m
Hello everyone.
I'm working on a startup. Need full stack developer for part-time. We will provide salary. Also we are planning for ESOP.
6 replies4 likes
Aravind Saji
•
IIITKottayam • 2m
Unicorn Fintech giant Razorpay has announced the extension of Employee Stock Ownership Plans (#ESOPs) worth Rs 1 lakh to all current employees, commemorating its 10-year journey.
Will you give ESOP to all your employees?
ESOP (Employee Stock Option Plan)
What it means: A plan allowing employees to buy shares at a discount.
Why it’s important: Motivates employees to stay and grow the company.
Cred employees have made 250 Cr just from ESOP liquidation till date and I’m sure that more people will buy this time given that vesting is accelerated. What a great company to be in. 🤌🏻