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Unpacking ESOPs for Startups
Produced in partnership with Carta.
An employee stock ownership plan (ESOP) is a benefit that gives team members ownership in the company they work for in the form of stock. Startups frequently use these plans to encourage key personnel to give their all as the company’s success translates into financial rewards.
They are important for attracting and retaining top-tier talent, especially in competitive startup ecosystems.