Someone anonymously posted this comment to our earlier story. Based on Onmobile’s public filings, the person has done an analysis, which indicates the successes in Onmobile ESOP plan. The analysis is based on share price of Rs 520 as of July 8th. While these are estimates, it seems that they are broadly right – I also did a further segment of Rs 10 crore+ gainers…
| Wealth Range (Rs) | Number of Employees |
| > 10 crore | ~10 |
| 1-10 crore | ~35 |
| 50-100 lacs | ~25 |
| 10-50 lacs | ~80 |
This does not include starting execs who can be deemed founders. Now thats some serious wealth creation for employees! Way to go! and thanks for the poster.
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What’s the big deal with 40% – even youtube had 30% held by employees.
Also when you acquire pre-IPO you might offer stock options in lieu of cash, and technically the acquired folks become employees, not founders…and onMobile did acquire a few cos pre IPO.
I believe giving 40% to its employees is like not valuing your company yourself (no matter even if it is a startup).