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I dunno, but I wouldn't read too much about employee sentiment into this. Say you have $150k in savings and $x million in Uber stock. Any competent financial
by x0x0 7y ago
I dunno, but I wouldn't read too much about employee sentiment into this.
Say you have $150k in savings and $x million in Uber stock. Any competent financial advisor is going to get you to diversify out of Uber. You'll miss upside, but prevent that $x million from potentially going to zero based on the actions of just one company.
Also... goodbye sf housing market :(
- ska 7y ago> Also... goodbye sf housing market :( That ship sailed a while ago, no?
- x0x0 7y agoAnother 1k millionaires looking to buy a house is horrific.
- ska 7y agoIs that going to materially change the ability of a non millionare to purchase a house in the bay area? Honest question. If in effect they are all going to compete with each other an other (mostly IT) millionaires for housing and pay slightly more, it doesn't seem like a real shift.
- philjohn 7y agoThis. I sell any stocks as soon as I can after vesting (trading window permitting) and then diversify into other holdings. I still have RSU's that have not vested that I get to enjoy any upside on.
- dehrmann 7y ago> Any competent financial advisor is going to get you to diversify out of Uber Agreed, but they seem to have no problem suggesting putting 50% of your net worth in a home. Having been though a company going public, while that advice is correct, the endowment effect is a real thing, and it's shocking how long people hold on.