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Without a fair equity package, none of those employees are going to get any kind of payout from an exit. And given the number of fundraising rounds Uber has und
by knucklesandwich 10y ago
Without a fair equity package, none of those employees are going to get any kind of payout from an exit. And given the number of fundraising rounds Uber has undergone: https://www.crunchbase.com/organization/uber/funding-rounds https://www.crunchbase.com/organization/uber/funding-rounds and their difficulty in actually turning a profit: https://www.bloomberg.com/news/articles/2016-08-25/uber-loses-at-least-1-2-billion-in-first-half-of-2016 https://www.bloomberg.com/news/articles/2016-08-25/uber-lose... it seems a little questionable that anyone from the rank-and-file is going to get rich at Uber.
A union is what gives you the ability confront management about these kinds of things.