Uber employees can finally sell their stock. Well...
Quote from this article on The Washington Post.
"Uber's valuation is down 44% at $26/share" At the time, Uber’s valuation was around $68 billion. It is currently worth $45.9 billion, based on its Wednesday share price, about 44 percent lower than its IPO valuation.
"They owe taxes based on $45/share" One Uber employee who joined pre-IPO says they were given an offer sheet that assumed the stock price would range from about $40 on the low end up to around $100. The dip in price was made worse by the fact that employees owe taxes based on the IPO price of $45 a share.
Some Uber employees think now is the best time to join, because there is only going to be "upsides". Thoughts?
Hey Zaho, what a lonely thread. I'm here since nobody responded ...so maybe one of these discussions will help:
I hope those threads give you a bit more insight.
I think now may be the time to buy more.
I bought some a couple of days ago at $25, and its already up by 6%
IMO If you are looking for short term gains and don't plan to invest it for minimum 3-4 years, anything related to SoftBank is to avoid.
I met an uber driver that cashed out @ $43. I've also met several employees that are holding on in hopes that it will be $1000 one day.
u decide who da smart 1
I'd invest if i had the $$$
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