ESOPS are worth nothing, if most startups fail. Instead negotiate for salary or equity only. if a heavily funded startup is offering esops then it should be considered, even then do the maths as sometimes it's too costly to even buy.
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Tarun Suthar
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The Institute of Chartered Accountants of India • 1m
I have got many DMs regarding ESOPs
So Let me Clear up here.
1. Are ESOPs free for employees?
ESOPs are granted for free, meaning the employee doesn't pay to receive the options.
However, to own the shares, the employee must pay the exercise price
If this is India's IT sector condition, then I am worried that most of the working employees will remain at the same salary for years. India's growth will stop.
If I'm starting a startup/business and I've enough but limited funds then I should hire people on salary or partner with those people with profit share. Mujhe kis cheej pe focus krna chaiye?
If anyone wants to save income tax then I will tell you about a truck. What do you have to do, you have to invest in PM fund, bonds, road sanchar nigam ltd, railways, all these things, this will be a benefit to you, you will have interest in your mon