aerospace / news / / Times of India
Jeff Bezos’ space venture Blue Origin has reportedly unveiled a new stock incentive plan for its employees.
Blue Origin has introduced a new stock incentive plan to address staff frustration over expiring options.
KEY POINTS
- The new scheme allows employees to cash out shares during funding rounds and tender offers, not just IPOs.
- CEO Dave Limp clarified that Blue Origin doesn't expect an IPO soon but will create liquidity opportunities.
- Jeff Bezos has historically resisted traditional stock schemes due to concerns about performance and control.
- SpaceX staff have profited from internal share sales, intensifying morale issues at Blue Origin.
COMPANIES
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