<ul><li>Jay Chaudhry, founder of Zscaler, turned 88% of his SecureIT employees into millionaires by selling the company to VeriSign for $70 million in 1998.</li><li>Chaudhry, now CEO of Zscaler, sold his first startup in an all-stock deal that benefited over 70 of his 80 employees as VeriSign's stock price soared by 2,300%. Many employees bought new homes and cars, and one took a six-month road trip.</li><li>Chaudhry's bootstrapping approach allowed him to distribute more equity to employees, significantly impacting their financial futures. This mirrors Mark Cuban’s practice of rewarding employees with bonuses after selling companies.</li></ul>

65-year-old CEO turned at least 88% of his employees into millionaires after selling his company for $70 million

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