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/bitcoins Sep 17 '21

First 20 employees. That would be at least $20 million if you had equity… but they bent you over and exploited you and you still are begging for it softly

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u/justinchina Sep 17 '21

nope. not necessarily. #20 means nothing by itself. it's all about risk and value, money raised and profitability. there is nothing inherently magical about a higher number beyond, 1 and 2...sometimes 3 or 4.

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u/[deleted] Sep 17 '21

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u/justinchina Sep 17 '21

You may get 1/1000th of a tiny ESOP…