Under the employee stock option plan (ESOP) scheme, an employee gets the company’s stock at a low cost. These are perks provided in order to retain employees
Swiggy’s valuation was cut by Invesco, BYJU’S valuation was slashed by BlackRock, and Meesho’s valuation was reduced by Fidelity Investments. This cutback is also going to impact the value of the ESOPs employees at these startups are entitled to.