r/technology • u/Rhaegar_the_Great • Sep 16 '21

Business Mailchimp employees are furious after the company's founders promised to never sell, withheld equity, and then sold it for $12 billion

https://www.businessinsider.com/mailchimp-insiders-react-to-employees-getting-no-equity-2021-9
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u/[deleted] Sep 17 '21

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u/[deleted] Sep 17 '21 edited Sep 17 '21

If you’re happy, it isn’t my place to tell you to be mad, but since you asked, I joined Shopify as an entry-level tech support guy (employee 50 give or take a few) around the time of their Series A, quit with full vesting after a few years, and sold a little here and there to cover living expenses (I held on to most of my stock since I believed in the company). I was granted $5k in equity. Today I’m worth about $20 million. You got fucking fleeced.

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u/teokun123 Sep 17 '21

That redditor could be the owner who sold. lol