Uber new stock price

Microsoft hxhh41
Feb 19, 2018 42 Comments

How much is a new RSU value for uber? I heard they set new price for $33. Any one got an offer recently with new valuation ? I had my offer with $48 valuation can I negotiate to match ?

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TOP 42 Comments
  • Uber DrewB
    The 409a value and preferred value are just estimates. If you don’t believe Uber’s value at IPO will grow from now forward, it doesn’t make sense to join.
    Feb 20, 2018 8
    • Uber / Eng bag
      Fs92, good reason for you to stay away from Uber. :) (also, do not comment on things you don’t know about)
      Feb 20, 2018
    • Netflix fs92
      No, no reason. Just a gut feeling. Of course you have more information from working there. It's also possible that you have an overly positive view from working there. I hadn't planned on leaving my job for uber. Seeing the defensiveness makes it somewhat less attractive, too.
      Feb 20, 2018
    • Uber Uber78
      Uber’s revenues aren’t too far from nflx and we have a much higher growth rate. And ya’ll are currently valued at 120B. Of course all other factors play a part but I wouldn’t do easily dismiss Uber yet, especially with 2017 and no CEO past it.
      Feb 20, 2018
    • Uber / Eng bag
      Fs92, you said “it makes more sense to divide by 2” of another company’s valuation (without knowing too much about it) and if employees defend it you think that’s bad? :) You actually want to work at a company where employees believe their company should be valued half of its current worth? Do you think Netflix should be worth half of now? If employees are bullish of their own company, I believe that’s a good sign not bad.
      Feb 21, 2018
    • Netflix fs92
      At least we have validation from a public market. Private shares are harder to value. It's an opinion, get used to them.
      Feb 21, 2018
  • LinkedIn Bdbdnc
    Fake news. I think you are referring to softbank offer to buy shares at 30% discount price
    Feb 19, 2018 3
    • Microsoft hxhh41
      OP
      New CEO recently set the price for $33
      Feb 20, 2018
    • Uber DrewB
      CEOs don’t set prices.
      Feb 20, 2018
    • Amazon / Mgmt
      tRUmps

      Amazon Mgmt

      PRE
      Microsoft
      tRUmpsmore
      ^ This
      Feb 20, 2018
  • Uber hxYQ27
    I can’t believe we gave op an offer at all, what kind of idiots are we forced to hiring after last years media cycles? Wow I have no words, the worst part is this cucks offer is probably way better than legitimate talent we hired in 2015/2016
    Feb 20, 2018 10
    • Microsoft hxhh41
      OP
      I wish everyone in the company has the same attitude. Thanks
      Feb 20, 2018
    • Uber hxYQ27
      Good fuck off
      Feb 20, 2018
    • Amazon God ‍
      Change the world. Even I laughed.
      Feb 20, 2018
    • Or go to Amazon and help sell more 2 dollar trinkets
      Feb 20, 2018
    • Uber / Eng bag
      Hxhh41, you wouldn’t find any more hostility in Uber employees than any typical company.
      Feb 21, 2018
  • Uber / Eng bag
    Preferred share price is still 48 and I believe the offers will be based on that.
    Feb 20, 2018 2
    • Microsoft hxhh41
      OP
      Does it mean the actual price is $33? I heard from couple of people
      Feb 20, 2018
    • Uber / Eng bag
      What’s an actual price? Actual price will get set on IPO, until then it’s guesswork.

      For pre-IPO companies, preferred share price is typically used for offers, since if the IPO happens at the valuation of the last round, then the stock market price will be the preferred share price. Uber’s valuation is right now 72b, which corresponds to 48.77 share price.

      However, SoftBank did a secondary transaction with Uber’s valuation just at 48b - so would that be Uber’s vlauation now? Typically no, since secondaries are typically always lower than investment price.
      Feb 20, 2018
  • Uber / Eng
    Rqwx5o

    Uber Eng

    PRE
    Google
    Rqwx5omore
    You can always negotiate but base it on your own skills and other offers. Negotiating Uber's valuation is unlikely to work and also doesn't make sense to join the company if you think is overvalued
    Feb 20, 2018 2
    • Google arbitdude2
      That is some serious bs argument, if my recruiter told me this, is not in Uber.
      Feb 22, 2018
    • Uber / Eng
      Rqwx5o

      Uber Eng

      PRE
      Google
      Rqwx5omore
      Just don't apply if you don't like the valuation. Done
      Feb 22, 2018
  • Microsoft Apxv53
    lol 70B
    Feb 20, 2018 0
  • Uber 609609
    I stopped reading after op said “ceo set the price”. Op has no financial sense at all. Yes please don’t join us.
    Feb 20, 2018 3
    • eBay ebaez
      Ppl from public companies don't have to deal with all these pre-ipo financial shenanigans about valuations and liquidity events...
      Feb 20, 2018
    • Lyft Superlyft
      And why does an engineer need to be good at financials?
      Feb 20, 2018
    • eBay ebaez
      Aren't good engineers with no financial sense perfectstartup candidates?
      Feb 20, 2018
  • Uber Downshift
    RSU value is still the same. It is the price at which investors choose to buy a share today. As the IPO approaches the 409 value and this price will converge and each of your RSUs will become a common stock. So 70b is a good number to go by. Everything is subject to change of course, but that’s the risk you get rewarded for if it plays out well.
    Feb 20, 2018 0
  • Palantir / Eng Sh663&
    No, they give offers at the $70B valuation
    Feb 20, 2018 0
  • Uber hxYQ27
    You know 409A is internal only and confidential right? sharing this on blind seems extremely irresponsible, and possibly will get you fired if your identity is made known
    Feb 20, 2018 2
    • Uber / Eng kotfug
      Deleted however, OP already posted it elsewhere in this thread and it’s already been reported on publicly.

      You also know that we tell candidates both values without an NDA, right?
      Feb 20, 2018
    • Uber hxYQ27
      No I didn’t know that but I do know that it has explicitly stated on the internal page to now share publicly, thanks for deleting
      Feb 20, 2018
  • Uber xxvegas
    Of course you are free to negotiate for more shares.
    Feb 20, 2018 0
  • This comment was deleted by original commenter.

    • Uber hxYQ27
      Flagged this
      Feb 20, 2018