How many millionaires made from Uber IPO

Google larrySerg
May 10 38 Comments

Can someone at least give some insights on this?

E.g.1 - those who join before 201x regardless of their levels

E.g.2 - first x employees regardless their levels

E.g.3 - Level x and beyond even they joined after 2014

(Note: millionaires = lumpsum of 2019; 1M divided by 4 years doesn't count)

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TOP 38 Comments
  • Google watdduck
    Don’t know about that but I saw this interesting tweet
    May 1014
    • Uber TziR25
      LOL feels like google search for me. OP wants to know how many millionaires and another goog derails the thread with trivia unrelated to the original search query.
      May 10
    • Google larrySerg
      OP
      @TziR25 - hey Uber guy can you give some insights?
      May 10
    • Twitter Is Amazing
      Of course he can't.
      May 10
    • Uber TziR25
      Million+ for me, even with "worst ipo ever" LOL. Started 2015. In general, you needed to start in 2015 or earlier to meet your criteria.
      May 10
    • Uber TziR25
      Also please don't assume "guy" and "he". Thanks.
      May 10
    • Pinterest ueprbsn
      Million+ pre-tax or post?
      May 10
    • IBM tvB4gd7
      Uber, what are you planning now that you’ve made it? Will you continue to work?
      May 10
    • Google larrySerg
      OP
      TziR25 - Uber Gal what was your level when you joined?
      May 10
    • Uber TziR25
      L5a, post tax, not sure about next moves yet. There is still no liquidity.
      May 11
    • Oracle ohoyriv
      @tzir25 when in 2015 did you join? How many rsus was your initial grant?
      May 11
  • Jane Street Capital fundfj
    Employee shares are locked up until November. If the price keeps tanking, might be very few.
    May 104
    • Microsoft fingered
      Exactly.
      May 10
    • Uber TziR25
      Jelly?
      May 11
    • Jane Street Capital fundfj
      Nah I make more than most of you even before your stock started dropping.
      May 11
    • Uber TziR25
      Cocky then.
      May 11
  • Uber bag.
    2015 and before - millionaires.
    2016: millionaires if level 5 or above.
    2017: millionaires if L6 or above.
    2018 and later: future millionaires if level 5 or above (despite the price drop and allowing for further 20% drop in the near term, but 15% compounded growth over the next four years)
    May 105
    • Congratulations for those who stayed there since 2015. Not easy to stay there long.
      May 10
    • Oracle aham
      Too generic. All depends on how many stock options/RSUs were awarded at any level. Not everyone gets the same!
      May 10
    • New VFcO68
      Can I borrow your crystal ball?
      May 10
    • Facebook Mannw
      Why 2017 sad face? L6 or above in 2017 not higher than 2018?
      May 11
    • Uber bag.
      Your are right. I'll update.
      May 11
  • LinkedIn L!nkedOut
    FOMO
    May 100
  • LinkedIn probably knows based when a user joined Uber
    May 100
  • Facebook Mannw
    I think anyone joining before 2014 should be a millionaire. People L6+ joining whatever time should be a millionaire, if by today’s price
    May 112
    • Uber carbon1
      5bs didn’t make out too bad either
      May 11
    • Facebook Mannw
      But on the other hand , Silicon Valley life, and a Uber L6 skillset, becoming a millionaire (out of full 4yrs stock) is not that hard nor is it enough for much
      May 11
  • Kaspersky Lab aye dais
    They def joined before 2016, in 2016 Uber was giving up options at $49 valuation.
    May 106
    • Uber TziR25
      Options were stopped mid 2015
      May 10
    • Kaspersky Lab aye dais
      TziR25, thank you! I assumed it did, $49 was investors valuation. So those would be folks hired before 2015 then?
      May 10
    • Uber TziR25
      Not sure I am following. There is a valuation every year.
      May 10
    • Kaspersky Lab aye dais
      I mean potential Uber millionaires are folks hired before 2015, right?
      May 10
    • Uber TziR25
      During is okay too. I don't know that many other 2015 starters well enough to know their share offer.
      May 11
    • Kaspersky Lab aye dais
      Good luck to you dude then! Hope your shares cost 50-60 after 6 months.
      May 11

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