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May 16, 2017 01:16 pm GMT
Last year, we told youabout the employees at Uber who were seemingly handcuffed to the company, noting that those whose shares were vestedcan’t afford toquit. Startup employees typically have to exercise their options within 90 days of leaving a company or else lose them, andgiven Uber’s stratospheric valuation, that cost had simply grown too daunting. By February of this… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/O4cx52EgWk0/
Why Uber may see a fresh flood of departures in the not-too-distant future
Last year, we told youabout the employees at Uber who were seemingly handcuffed to the company, noting that those whose shares were vestedcan’t afford toquit. Startup employees typically have to exercise their options within 90 days of leaving a company or else lose them, andgiven Uber’s stratospheric valuation, that cost had simply grown too daunting. By February of this… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/O4cx52EgWk0/
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