Uber lawsuit alleges employees were misled on equity compensation

Re:Uber lawsuit alleges employees were misled on equity comp... by employee8000 on Thursday December 22, 2016 @10:45PM (#13242674)

I was given an offer with non-aggressive deadline of 2 weeks.

In terms of the equity portion, they were pretty straightforward with me and I had no surprises with my equity portion. In addition, none of my coworkers have complained about their packages either. I don't know this employee but he certainly doesn't speak for the vast majority of us.

That said I don't know what recruiters are doing these days. My boss would never let our recruiter pull shit like that, but I can't speak for other teams.

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Re:Uber lawsuit alleges employees were misled on equity comp... by mavelikara on Friday December 23, 2016 @10:37AM (#13245210)

Thanks! What is the general sentiment about

(1) the refusal to allow secondary sales and

(2) 30 day exercise window

among your colleagues?

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Re:Uber lawsuit alleges employees were misled on equity comp... by employee8000 on Friday December 23, 2016 @11:24PM (#13248579)

1) none of my coworkers care. I'm sure very early employees may care but I don't know any and I can't speak for them.

2) most have RSUs. But if you're going to exercise in 90 days then you're going to exercise in 30 days so it doesn't even matter.

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Re:Uber lawsuit alleges employees were misled on equity comp... by mavelikara on Saturday December 24, 2016 @02:55AM (#13249036)

Thanks!

> none of my coworkers care. I'm sure very early employees may care but I don't know any and I can't speak for them

Interesting that your colleagues and you don't seem to care that the management had instituted policies that hurt the very engineers who first built up the company. I would be very wary of such a management that it would some day turn against me too.

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Re:Uber lawsuit alleges employees were misled on equity comp... by kevinburke on Friday December 23, 2016 @12:55AM (#13243151)

(Assuming you work at Uber - Thanks, this is good to know.)

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