This guide is not to serve as a one-size-fits-all guide that will cover every permutation and edge case. You should note that as with every agreement, most Employee Stock Ownership Plans (ESOP) are different. The interest is growing even faster as more tech giants in the region, like Carousell, Bytedance and Traveloka, are looking to go public in 2022. However, with the rise of success stories of early employees cashing out on their stock options and becoming millionaires, ESOP has gotten the attention of many more. However, in comparison, Southeast Asia is still in its infancy because there have yet to be many who have profited from it. In mature ecosystems, employees understand and appreciate the importance of Employee Stock Ownership Plans (ESOPs).
