- kind working team… genuine and authentic - incredibly smart and thoughtful people at all levels, on most teams - interesting opportunity space with tangible problems to solve and high potential for innovation - thoughtful focus on customers/users on most teams, with more and more company investment in how to do this effectively - recent investments in strategically aligning the organization and creating clarity in operations to support initiatives are beginning to help
Executives and senior leaders are terrible at investing in, growing and empowering the leaders under them, rather than holding them accountable and valuing their expertise and insights, they tend to bottleneck, micromanage and ignore the smart and thoughtful people they have hired. This has a three fold effect of eroding confidence in leadership overall, alienating working teams, and causing a culture of distrust, speculation and poor communication. Because everyone is “so nice”, and leadership is taking the tactic of micromanaging, a lot of things that could be worked through are left unsaid, and candor is absent at all levels. If Lyft can rightsize the above, by working with their leaders rather than around them; and investing in more leaders that are held accountable to contribute, drive, communicate and deliver …it will absolutely find itself on the right path.
Did you have ISO options? If you did, how big is your tax burden due to IPO. What would be your break even price per share to cover for IPO tax. @LYFT
Congrats on your IPO. 🎉 This must be a very exciting time for you. It’s an exciting time for everyone in this space. 👍 Are any of you concerned that if LYFT continues to dip before the end of the lock-up period, then you might have a tax bill in excess of your personal proceeds from the IPO? Is y...Read more
Hi friends at Lyft, how is your tax situation this year? Do you also have to file quarterly estimated tax?
Simple couple of questions. Assume If I got 1000 RSUs at year Jan 2018, I got 250 shares after one year cliff, then 62.5 shares per quarter for the next 3 years until 2022. Assume Lyft goes IPO at year 2023. 1. At the beginning of 2019, should I get exact 250 shares or less than that because of wha...Read more
For employees, how do taxes work for your options on IPO. Are taxes calculated based on the IPO date or when the lockup period ends?
Does anyone knows if there will be tax implications on the vested RSUs as soon as liquidation event happens or will there be implications only on capital gains when one actually sells the vested RSUs
since it is tax season, just curious what will happen to the tax part of RSUs? suppose you were granted 1m four years ago and uber and lyft went public last year. how much tax you shoud pay? at which price, you are supposed to pay the tax? current stock price or ipo price? is it possible you got ban...Read more
https://youtu.be/m9AJ336FjdY
Now uber, lyft and pinterest all go public. With a large number of stocks vested, how much tax do you owe? How much do you actually take home? I wonder if somebody can walk through an example. Thanks
As Lyft and other similar companies IPO, employees will lose a good chunk to taxes. What are your tax optimization strategies to offset these huge taxes? Tc: ~385k including paper money
Should I join TikTok? Offer: 151k base 37.8k cash bonus 11k RSU Total 200k SGD -> 146k USD (before tax) Current Lyft Poland: 89k base 13.5k cash bonus Total102k USD YoE 6 Lyft SWE T5
So far - Twitter Stripe Lyft #Tech #layoffs Tax - 260K CAD
I'm hearing reports about layoffs at Oracle OCI, Cisco, SAP, Tesla, Facebook, Lyft, Verizon Media and other tech companies. This is despite the huge tax breaks and tax windfalls that tech companies received last year. Does this mean that recession has already begun?
If u r in H1b , is it legal to drive Uber/Lyft. If yes , do you need to inform irs about tax.
Does any of the Lyft employee be kind enough to share some details of how the Lyft employee RSUs work? I know there is a lockout period of 6 months. But after 6 months of all the RSU is vested, one gets to sell at the current market price and make money (less the cap gains tax) or they are taxed at...Read more
Employees at Lyft that joined before IPO get taxed at 72 dollar per share, is that right? Thats the IPO price? So it means out of the 72 dollars, about 20 dollars are paid as taxes. So the return of Lyft stock is 21 - 20, which is 1 dollar per share. Is that right?
rip Uber and Lyft https://www.seattletimes.com/seattle-news/transportation/seattle-could-tax-uber-and-lyft-rides-to-fund-downtown-streetcar-affordable-housing/
For those who like to sleep, what's the most prestigious sleeping position? Edit: forgot about the blind tax. TC: 550k at current Lyft share price. .
I don't understand tipping rideshare drivers. I am already paying hefty ride cost plus taxes. Why should I tip on top of that? Why can't uber and lyft pay a fare share to their drivers? They pay high salaries to their SWEs and CEOs. Why not their drivers? TC: 220k #uber #lyft #rideshare #tip #tip...Read more
http://www.sfexaminer.com/lyft-drops-100k-sf-tax-fund-housing-homeless/amp/