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maybeiambatman | 5 years ago

Genuinely wondering -

- How a 600 person company will determine who among the 1200 at ATG gets acquihired?

- How will the Uber employee unvested stocks get paid out (or not) in an almost no cash deal?

discuss

order

mike_d|5 years ago

> How will the Uber employee unvested stocks get paid out (or not) in an almost no cash deal?

There are two types of sales that are beneficial to a companies bottom line: selling something of value for cash, and selling a liability for little to no cash.

Uber did the latter of the two. Effectively taking a business unit that was 5-10 years behind Waymo and Cruise and dumping it off on someone who might be able to turn it in to something in exchange for a piece of the future upside. But the real win for Uber shareholders here is that it isn't costing Uber R&D dollars anymore.

fastball|5 years ago

Why would Uber selling a portion of its business be relevant to Uber employee unvested stocks?

Do you mean Uber ATG employees? Were they getting stock packages for ATG or for Uber?

maybeiambatman|5 years ago

I meant the ATG employees. And they were getting Uber stock as part of their compensation. Source: me, a former Uber ATG employee.