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 10 14
    • 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 10 4
    • 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 / Creative
    bag.

    Uber Creative

    PRE
    Google
    bag.more
    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 10 5
    • Congratulations for those who stayed there since 2015. Not easy to stay there long.
      May 10
    • Oracle / Eng 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 / Creative
      bag.

      Uber Creative

      PRE
      Google
      bag.more
      Your are right. I'll update.
      May 11
  • LinkedIn L!nkedOut
    FOMO
    May 10 0
  • LinkedIn probably knows based when a user joined Uber
    May 10 0
  • 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 11 2
    • 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 / HR aye dais
    They def joined before 2016, in 2016 Uber was giving up options at $49 valuation.
    May 10 6
    • Kaspersky Lab / HR 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 / HR 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 / HR aye dais
      Good luck to you dude then! Hope your shares cost 50-60 after 6 months.
      May 11