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They said the same thing about Groupon and somehow they're managing to keep their heads above water. I haven't seen them in the news at all in the last year or
by at-fates-hands 10y ago
They said the same thing about Groupon and somehow they're managing to keep their heads above water.
I haven't seen them in the news at all in the last year or so.
- vannevar 10y agoGroupon went public, and their stock went from $26/share to $4. If the same thing happens to Uber in a down round, that's pretty much the definition of collapse.
- danielweber 10y agoWithout saying whether I think such a thing is likely, Uber compensates significantly with stock, and they cannot retain talent if the trust in the cashout goes away.
- user5994461 10y agoThey give ISO which are worthless and might fire back for a lot of employees. They won't be able to retain talent when the talent will figure out they can't get the stock that was wrongly promised.
- deleted 10y ago[deleted]