Argo AI each RSU worth

Mar 8, 2021 16 Comments

This is for my friend. Is anyone from #Argo AI share details of each RSU's worth? My friend received a verbal offer for SWE, however no details on it yet.

Can anyone from Argo AI help us here?

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TOP 16 Comments
  • EY / Eng
    ggm404

    Go to company page EY Eng

    PRE
    Rapid7, Booz Allen Hamilton, EY
    ggm404
    I recently accepted an offer from Argo AI. I am still a bit confused about their AIU. Can someone explain to me if they are similar to options? And I was also told there wasn’t a strike price currently as well. So not really sure how this all works when the company goes public. Will my AIUs be exchanged for stocks? And if they are exchanged, does it work like RSU where I will be granted the stocks OR will I need to buy the stocks at a low price (asking because I was told there wasn’t a strike price).

    I’m sure I’ll find out more info during orientation but wanted to see if any of you guys had some knowledge to spill. Thank you!
    Mar 15, 2021 4
  • Argo AI
    UWCAAN

    Go to company page Argo AI

    UWCAAN
    Grants. Not purchased. Did Recruiter talk with you about these things?
    Mar 16, 2021 1
    • EY / Eng
      ggm404

      Go to company page EY Eng

      PRE
      Rapid7, Booz Allen Hamilton, EY
      ggm404
      She wasn’t too knowledgeable in AIUs lol. She initially thought the vesting happened after we go public as well... so I was just waiting until I start on Monday to hopefully learn more.

      Thank you so much though! It’s relieving to hear they are grants.
      Mar 16, 2021
  • Uber
    🥑 jam

    Go to company page Uber

    🥑 jam
    Zero until they go public (maybe when they file their s1 if they are a unicorn)
    Mar 8, 2021 5
  • Apple
    LifeOrTC

    Go to company page Apple

    LifeOrTC
    How is the Argo culture?
    Mar 23, 2021 0
  • Argo AI
    zeezed

    Go to company page Argo AI

    zeezed
    Argo never gives out RSU. It only gives out AIU. That is a profit interest which gets taxed at 26% rather than 42% for RSU. What was the offer like ? For which role?
    Mar 11, 2021 0