Here is the link which says each stock would be priced at $21. Employees can't sell it for 6 months. So employees, feeling rich ? https://www.post-gazette.com/business/tech-news/2021/08/16/self-driving-startup-Aurora-shares-21-each-SPAC-initial-public-offering-Reinvent-Technology-Partners-Y/stories/202108160088
IPO/SPAC seems a bit premature.
What valuation would that result in?
13 billion or so I believe
Incredible that the valuation of this no name company with no product or proven track record on the public market is nearly half of waymos private valuation.
That’s the new normal because of more rookies with lots of money - and no idea where to put that.
💲
I will say that this is inspiring me to HODL Cruise 🤣🤣🤣
Atleast cruise has regular stock buybacks
Yes. I've been fortunate not to sell any yet - the piles of cash do help - maybe after the next valuation increase I'll sell some as a hedge
Can any employee comment on how much money they made on the IPO? They were giving 150k stock last year at hire
We’ll a year ago the stock was something like $7 and after the spac it’s like $21 (accounting for spac conversion).
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