Some Uber employees probably won't see the pay day they were dreaming about after the company's wildly anticipated IPO today

Sverige Nyheter Nyheter

Some Uber employees probably won't see the pay day they were dreaming about after the company's wildly anticipated IPO today
Sverige Senaste nytt,Sverige Rubriker

Bloomberg's Shira Ovide notes that Uber was valued at around $49 per share in mid-2016. The company priced its IPO shares at $45, and opened at $42.

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

it announced in a regulatory filing. Ovide points out that an Uber employee who was hired in 2016 and given a compensation package that included the ability to receive equity if she met tenure and performance-based targets may not have seen the value of that potential incentive rise in the past three years.

Of course, it's easier to sell shares in public markets than in private ones, and Ovide notes that Uber employees are not allowed to sell their shares for the company's first six months on the public markets, so Uber's share price could rise by the time they're allowed to sell.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

BusinessInsider /  🏆 729. in SE
 

...they can now buy part of the company and be more involved. 🤷‍♂️

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Uber drivers' strike takes off in front of company headquarters ahead of $90 billion IPOUber drivers' strike takes off in front of company headquarters ahead of $90 billion IPORideshare drivers across the world are boycotting Uber for as long as 24 hours today, demanding fare increases and lower commissions paid to Uber. Or they could get another job I had 0 problem getting an uber today. Wouldn’t even have known there was a strike Striking on a company that isn't showing a sign of making money yet.
Läs mer »



Render Time: 2025-01-18 02:52:28