Uber stock future prediction

Microsoft Peaceouttt
Nov 10 30 Comments

I’m deciding if this is a good time to join Uber. Can people here help me with their thoughts on Uber stocks and ATG future?

1. It went through a mass layoff recently. But which company hasnt corrected itself? And since it went through it, chances of another mass layoff seems low. What do yall think?

2. Stock post IPO hasnt done well. But the company looks solid as it is still leading ride sharing and doing well in driverless by industry standards. Thoughts?

Current TC: 156k
Uber offer: 238K

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TOP 30 Comments
  • Google
    no-one😁

    Google

    PRE
    Microsoft
    no-one😁more
    Why does chances of another layoff seems low?
    I think Uber will continue to layoff people for foreseeable future. They still lose a lot of money and should become a lot more agile.

    But the difference between your current TC and Uber offer is too high to ignore. If you don't have any other offers, you should take this risk
    Nov 10 9
    • Microsoft Peaceouttt
      OP
      True, thanks people I really appreciate honest takes here. It’s helping bring me some clarity
      Nov 10
    • Google
      no-one😁

      Google

      PRE
      Microsoft
      no-one😁more
      It is impossible to predict how low or high it will go. No one can predict how the future earnings will be and how the market will react.

      I would make decisions assuming the price will remain same and course correct if it declines too much.
      Nov 10
    • Salesforce peaceguy
      Uber stock will easily lose another 50%
      Nov 26
    • Microsoft TNvD68
      Are you shorting then?
      Nov 26
    • Salesforce peaceguy
      I shorted on IPO and holding it till single digits
      Nov 26
  • New scheme
    Potential layoffs can be extra stressful on visa holders. If you are not on a visa then totally worth the risk.
    Nov 10 9
    • New scheme
      Well, that's the first thing I mentioned. The game changes if you are on a visa and you know why.

      How's your equation with your current team/manager? You think you can reach out to them in case you are fired from Uber? If yes, then even on a visa it's probably worth the risk.
      Nov 10
    • Microsoft Peaceouttt
      OP
      It’s great, my boss n team really likes me a lot. Though it won’t be a guarantee they’ll have a position available when I need it. So if I decide to leave, I’ll have to close this door
      Nov 10
    • New scheme
      There are obviously no guarantees anywhere. If the equation is good then at least you can get quick interview calls at a familiar company in case you need it. Doesn't have to be the same team. The biggest issue during that grace period gap is getting quick meaningful interview calls.
      Nov 10
    • Microsoft Peaceouttt
      OP
      Makes sense!
      Nov 10
    • Uber Hgfres3
      I would advise against going to uber on a visa, too risky IMO
      Nov 10
  • Microsoft Queasy
    Make the switch. If you don’t like it go elsewhere after a year, the bump in salary is worth it. If it requires you moving to SF, that’s a different story though.
    Nov 10 4
    • Microsoft Peaceouttt
      OP
      It’s Pittsburgh
      Nov 10
    • Snapchat GITv5z
      Dude, 238 at Pittsburgh is huge. Take it no brainer. Even with stock depreciation along the way you'll still be doing fine. Uber work is much more interesting than MS in general
      Nov 10
    • Microsoft Peaceouttt
      OP
      That’s true, thanks.

      Only hesitation is they’re not willing to negotiate any further at all and cannot give me another location

      Tbh and not to brag, I really didn’t prepare a day for Uber onsite which makes me think I should just hold off, prep and interview elsewhere. Idk I’m super confused
      Nov 10
    • Cruise Automation smallbirds
      Damn, 238, you can buy a house in a year or two cash out there. Wouldn't expect them to give you more at 2 yoe.
      Nov 10
  • Google da leader
    Doober stock will be $20 by Jan
    Nov 10 2
    • Microsoft Peaceouttt
      OP
      Thanks. Why do you think so?
      Nov 10
    • Google da leader
      Still making loses
      Nov 10
  • Citrix Systems / Eng ಅವನೌನ ಹಡಾ
    Yoe? Level at msft ?
    Nov 10 1

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