5 ms·
1) He did not own 100% of that company. 2) There were 4 cofounders and 90 employees. 3) He got paid mostly in Uber shares that vested over time and he left befo
by rockinghigh 7y ago
1) He did not own 100% of that company. 2) There were 4 cofounders and 90 employees.
3) He got paid mostly in Uber shares that vested over time and he left before they vested.
https://www.cnbc.com/2017/12/14/ieee-analysis-shows-uber-paid-as-little-as-220-million-for-otto.html https://www.cnbc.com/2017/12/14/ieee-analysis-shows-uber-pai...
- tomerico 7y agoGood link. It looks like half of the purchase price was supposed to go to Anthony, but under a vesting schedule.