Citing revenue declines, Airbnb cuts 25% of workforce

Re:Citing revenue declines, Airbnb cuts 25% of workforce by redshirtrob on Tuesday May 05, 2020 @03:49PM (#23084122)

I'd expect the options might be under water based on recent funding announcements. Probably still expensive to exercise, but I can't see how there would be a tax liability if they are under water.

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Re:Citing revenue declines, Airbnb cuts 25% of workforce by daseiner1 on Tuesday May 05, 2020 @04:05PM (#23084337)

i’m not super in the know here, but why would corporate financials be relevant to the tax obligations of individuals?

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Re:Citing revenue declines, Airbnb cuts 25% of workforce by redshirtrob on Tuesday May 05, 2020 @04:25PM (#23084585)

It's pretty much impossible for us to say in this case since the terms weren't disclosed that I know of. They've been described as debt and equity. It's reasonable to assume the equity component would imply a certain valuation, and that valuation could be down from previous valuations.

If you received options at a strike price at the peak valuation, then the current valuation may be below that level.

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