Nevzat Aydin, the CEO of an online food ordering service, Yemeksepeti sold the company to Delivery hero for $589 million and shared a bonus of $27 million to his 115 employees.
It’s every startups dream to grow big and sale in millions. Yemeksepeti did the same. But it was the generosity of the CEO of the company who shared his part without any contracts, as a reward to his employees.
“We did this because if there is a success, we have accomplished it altogether,” he said.
The bonus included $200,000 to each employee, which is a big sum when compared to their monthly salary of $1,500 in average. These sort of rewards are rare in business, as the amount could help the businessman build another empire that could grow larger. But similar news was out when a US businessman handed out $6 million to 570 employees after selling the company.
The food ordering service was started in 2000 with $80,000 of capital and has raied $44 million in two rounds of funding. The CEO of the Yemeksepeti, Nevzat Aydin said that the company was totalling over 3 million of transaction every month.
Aydin reported about the bonus during an interview with Hurriet, a Turkish newspaper. Despite selling the company, he will still remain the CEO, but join the executive board of Delivery Hero. The company is to stay, the employees are to stay and the company is already a successful firm. A win-win situation for everyone.
“I believe in team work and I believe success is much more enjoyable and glorious when shared with the rest of the team,” he said.
Now that’s like people’s leader!