Any changes to compensation if accept Uber/Lyft offer pre-ipo but start after IPO?
Got offers from Uber and Lyft, the start date May be later than their IPO date, will there be any change to the RSU # in the offer if start after IPO date? Thanks
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Facebook xxkw86 Mar 14, 2019
How do you know their IPO date?
Groupon sleepy Mar 14, 2019
I think it’s a speculation but a possible case
DoorDash P7gw9j2ha Mar 14, 2019
Since your number of RSUs are fixed, IPO will have no effect on your offer once you sign it.
Groupon sleepy Mar 16, 2019
That’s exactly what my understanding is.
Qualcomm zigzagg Mar 21, 2019
Offer numbers?
I'm in the same boat. You are free to negotiate a new offer, but I don't find it very likely. The contract is in raw number of RSUs, so you'll still get those. However, expect at least 20% dilution as they fundraise and reserve a portion for future stock awards. The increase in total valuation since last round should more than offset this, though. IMHO, it's better to accept now. Also remember the 1 year cliff. I don't expect the IPO price to sustain after a year with ride sharing burning so much money. I applied a discount in comparison to other offers.
Are you saying that a possible dilution will affect folks in your boat but not the existing employees?
Probably best measured response