AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
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.