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Some unsolicited advice for any Uber employees here on HN: You may want to seriously consider selling all vested shares. The price not be what you are expectin
by granto 7y ago
Some unsolicited advice for any Uber employees here on HN: You may want to seriously consider selling all vested shares. The price not be what you are expecting, but, from my own personal experience, and "most expert advice", it can be better to sell and diversify. Many one-time high-fliers, such as Zynga (where I previously worked), never got back to their IPO or lockup expiry price.
- pchristensen 7y agoI was at Groupon at IPO. IPO’d at $20. Dropped to $3.50 by the time lockup ended. I sold because I needed the cash. 7 years later, it’s trading at $2.90. The market isn’t perfect, but shenanigans with private company valuations are usually worse. Take granto’s advice.