00:00So, first I will tell you that what is ESOP?
00:02It is a swag equity.
00:04It means that it is not reduced, it is not reduced.
00:07So, if you have to grow the company,
00:10then you have to retain the best talent without it.
00:13Without it, it will not increase.
00:14If you have to retain the best talent, then you will increase its salary.
00:17So, what is that second way?
00:19They take ESOPs.
00:21So, you have to give the company some shares, some valuation,
00:24ESOP employees.
00:25You have to give them.
00:26In that, the employees have confidence that I am working for the company,
00:31so I have to get the profit in the same way.
00:33I have to get the salary.
00:34And then they have to do more work.
00:37And then their service contacts will be fulfilled.
00:39They will get ESOPs.
00:41And ESOP's value will not be known today.
00:43After 10, 15 years,
00:45when this company will go in listing
00:47or the company will grow,
00:49then ESOP's value is probably 1,000,
00:51maybe 1 crore also.
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