Hacker News new | past | comments | ask | show | jobs | submit login

The Silicon Valley giants don't do options anymore, but RSUs (restricted stock units) which are simply share awards. There's no strike price to worry about, but of course it's a bit of a disappointment if you expected Uber to be a $100B company out of the gate.

Still, Uber employees will be happy that they can finally sell those RSU awards (in six months when the lockup expires).

I can’t speak for sure but that’s a little unlikely. RSUs are taxed on vesting. Bad idea when employees can’t sell a portion of it to pay the tax.

Uber, Airbnb and the rest definitely give RSUs. Details may vary but they may use contracts like “double trigger vesting” where you don’t actually receive the shares until they’re publicly traded.

Registration is open for Startup School 2019. Classes start July 22nd.

Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | Legal | Apply to YC | Contact