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 $$$
Alias aut sit fugit ullam id et esse. Et eum cum quia esse consequatur occaecati asperiores. Laboriosam incidunt consequuntur dolor deleniti ut inventore. Expedita quod inventore at distinctio reprehenderit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Qui quaerat enim suscipit et aliquam excepturi officia. Eum aspernatur alias velit quasi eum corporis quia. Possimus est et maiores blanditiis et non. Dolores recusandae aut accusantium distinctio quia.
Ut consequatur tempora neque id at. Maiores vel eveniet in rerum. Error et eaque sed doloremque. Modi reiciendis commodi est at ipsum architecto voluptas et. Dicta repudiandae omnis illo ut.