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Uber has been making offers in RSUs for more than 2 years: https://www.reddit.com/r/cscareerquestions/comments/3u5asj/uber_rsu_offer/ https://www.reddit.com/r/c

• wpietri 9y ago
  Ah, good point. Here's confirmation of that from the NYT: https://www.nytimes.com/2017/03/03/technology/uber-said-to-consider-changes-to-employee-stock-compensation.html?_r=0 https://www.nytimes.com/2017/03/03/technology/uber-said-to-c... For the people who have options, some could still be entirely wiped out by this, but it's not as big a problem for new hires. It's still a problem, though. As the Reddit discussion makes clear, people are benchmarking against things like Google. The equivalent equity package from Google 2 years ago would have gained 30% in value, while the Uber one has lost 30%. Assuming $200k in equity from each place, that's $260k for Google and $140k for Uber, or nearly a 2x difference. That would sure make me think about jumping ship.
  • acchow 9y ago
    Uber was handing out 4x in fictional equity back then compared to Google's real RSUs.