/plushcap/analysis/browserstack/esop-buyback-worth-50-million

BrowserStack announces second ESOP buyback worth $50 million

What's this blog post about?

BrowserStack has executed its largest buyback worth $50 million, thanking over 100 employees for their contributions to the company's success and growth. This is the second buyback implemented by BrowserStack, aimed at assisting employees in their wealth creation journey. The company acknowledges its people as its greatest strength and rewards them for their determination and drive to solve unique problems daily. In recent years, BrowserStack has achieved significant milestones, including acquiring Percy, raising $200 million in Series B funding with a valuation of $4 billion, and doubling its employee count to over 800. The company has shifted to a remote-first model, allowing employees to work from anywhere while providing access to a global talent pool. BrowserStack is currently hiring across various functions and encourages interested candidates to explore open roles on their website.

Company
BrowserStack

Date published
Sept. 28, 2021

Author(s)
BrowserStack Team

Word count
204

Language
English

Hacker News points
None found.


By Matt Makai. 2021-2024.