Uber ipo and employee tc

Microsoft Meyer
May 11 12 Comments

So finally Uber went ipo. I've heard ppl get 1 million worth of stock during joining. Did the paper money translate to real money now? Someone please explain

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TOP 12 Comments
  • Uber kPCK48
    Many people had a million or more in stock fully vest yesterday (and many less than that), but everyone has to wait 6 months to sell any of it due to a lockup agreement.
    May 114
    • Facebook alion
      Are you saying people that joined a few months before IPO with a 4 year vest schedule ended up vesting the entire 4 years on Friday?
      May 11
    • DoorDash ayU68hq
      From what I understand, there is no change in vesting cycle. People who just joined need to wait for a year for the 1 year cliff.
      May 12
    • Uber kPCK48
      DoorDash is correct, there is no change in vesting schedule. If all of your shares are unvested, you will have to wait until the later of your vesting date or the end of the lockup to sell anything.
      May 12
    • Uber kPCK48
      However anyone who has been at the company for at least a year has some vested shares that they can't sell yet.
      May 12
  • Microsoft MSFTBRO
    They can finally see how much their stock is worth. But they cannot sell until lock up period ends.

    I think 6months after IPO?
    May 110
  • No
    May 110
  • Microsoft MrPM!
    Incorrect info, everyone does not get worth million stocks, depends on the level.
    May 110
  • KPMG syVP80
    Good things most got comp at 60 billion val.. present IPO value is what was promised
    May 112
    • Google tnxU67
      They were granted at $48 per share, the valuation today is due to dilution
      May 11
    • KPMG syVP80
      For me they were granted at 40 per share ... most of the folks around me as well.
      May 12
  • Amazon Beff-Jezos
    Of course, with a large tax cut. Still A LOT.
    May 110

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