Sunday, 21 December, 2025
Unacademy Slashes ESOP Exercise Window for Ex-Employees to 30 Days
Edtech unicorn Unacademy has drastically reduced the time former employees have to exercise their vested stock options to just 30 days. Previously, staff enjoyed a much longer window to purchase their shares. This shift forces ex-employees to quickly arrange capital or risk losing their equity entirely. The policy change comes as the company focuses on streamlining its cap table and driving toward profitability in a highly competitive market.
Read full story at Economic Times