HNHacker News
TopNewBestAskShowJobs

techenthusiast1

7 karma · joined August 23, 2022

submissionscomments
techenthusiast1··on H1B rejected – builds unicorn back home
The latest news I can find shows the company he founded was planning to IPO at a valuation of $2.5billion. If one were to assume the founder owns 10% of the company (reasonable at IPO based on what I know), he would have made about $250 million in equity. [https://www.business-standard.com/article/companies/snapdeal...]

This is in addition to about $650k annual salary in India. [https://www.zeebiz.com/companies/news-snapdeal-co-founders-k...]

This would be pretty much impossible even with a very successful career at Microsoft, short of becoming an SVP or the CEO.