- An entrepreneur who recently sold his company made an announcement that changed the day for his employees
- When Pedro Pestana pocketed KSh 19.4 billion from the sale, he decided to share KSh 519 million of his own proceeds
- He rewarded the people who helped build his business with KSh 4.8 million each, including those who joined recently
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A Spanish entrepreneur has drawn widespread admiration after choosing to split millions of euros from the sale of his business among the people who helped build it.
Source: UGC
Pedro Pestana founded Marosa, a technology firm based in Vigo, Spain, that specialises in helping businesses manage VAT compliance, electronic invoicing and tax responsibilities across international markets.
Reward Shared Across the Entire Team
According to The Mirror, it all began when he agreed to sell the company to multinational Wolters Kluwer for €112 million (KSh 19.4 billion).
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Pestana made a decision that set him apart from most business owners: he reached into his own share of the proceeds and distributed €4 million (KSh 519 million) among his 120-strong team.
Rather than limiting the payments to employees who had been with the company longest, Pestana established a minimum payout for every member of staff, including those who had only recently joined.
Some employees had been with him for nine years, growing alongside the startup from its earliest and most uncertain days.
Pestana described these long-serving staff members as people who had "placed their trust in Marosa back when almost everything remained to be done."
Why Petana Shared News Online
The announcement was made after the acquisition was completed. Employees were called forward one by one, in order of their length of service, until the entire team had gathered.
The moment was filmed, with organisers later describing the "reactions of surprise, the applause, and the hugs" that filled the room.
Pestana explained his reasoning in straightforward terms: "Marosa was built through the hard work of many people.
Sharing the proceeds from the sale is a way to acknowledge that contribution and to give back to the team a portion of what they helped create."
Message to Fellow Business Owners
Beyond rewarding his own team, Pestana has spoken openly about why he chose to make his decision public.
He hopes the story will prompt other entrepreneurs who are preparing to exit their businesses to think about whether their employees could benefit similarly.
"Every company and every transaction is different," he said. "I would like someone who is preparing to sell their own company to learn about this experience and consider whether they could do something similar with their own team."
The gesture has resonated widely, not only because of its financial scale but because of the principle behind it: that the people who show up every day, from the earliest days of a startup to its eventual sale, deserve to share in the outcome they helped make possible.
Source: TUKO.co.ke