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That is any startup / private company. That isn't unique to Uber at all. IPOs are usually done when your profitable or have no other choice. You want to do a
by mahyarm 10y ago
That is any startup / private company. That isn't unique to Uber at all. IPOs are usually done when your profitable or have no other choice. You want to do an IPO when your profitable / break even or usually it becomes a bad deal for everyone.
- mavelikara 10y agoUber explicitly prohibits stock sale on the secondary market, and their options expiry after 30 days of leaving job (instead of the standard-but-undesireable-still 90 days).