2min snip

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Season 2, Episode 1: Zappos (with Alfred Lin)

Acquired

NOTE

How to Sell Zappo Stock at a Discount

Amid technical issues and verbal agreements, Zappo employees faced challenges like losing their homes and coping with drastic wage cuts. Some had to sell their Zappo stock at a discount to cover essential expenses like mortgage payments. Despite understanding the stock's actual value, they prioritized immediate cash needs. These difficult conversations around selling stock at a discount reflect the tough decisions faced by employees due to personal hardships and the need for liquidity.

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