What’s an ESOP?

What’s an ESOP?

If you’ve ever founded a startup or got hired by one, you may have heard of Employee Stock Option Plan or ESOPs. What is an ESOP and why does it get people excited?🤔 An ESOP is a way of compensating employees for their efforts (usually in addition to salary). Does that mean the company is giving away valuable stock to its employees? Yes…and no.

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Back to Chapter: Introduction to ESOPs