[akchin]

It shouldn't matter a lot since I am 99% sure that they were issuing RSUs at that time and not options. So the strike price based on 3-years ago valuation is not relevant. Also, I am sure the number of RSUs you got at Uber should have been more than the RSUs at FAANG, to compensate for some of the risks. Now, if an individual Uber employee came out ahead, vs. having joined a FAANG really depends on the offers they had.

[Blackthorn]

It matters a ton. You get your rsu grant sized based on the stock price at the time of the grant, just like options. If that price goes up, you make money... Just like options.

[ytpete]

It's not just like options though, is the point they were making - if the price goes down, you still make money with RSUs, just not as much.