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by mike_d
2022 days ago
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> How will the Uber employee unvested stocks get paid out (or not) in an almost no cash deal? There are two types of sales that are beneficial to a companies bottom line: selling something of value for cash, and selling a liability for little to no cash. Uber did the latter of the two. Effectively taking a business unit that was 5-10 years behind Waymo and Cruise and dumping it off on someone who might be able to turn it in to something in exchange for a piece of the future upside. But the real win for Uber shareholders here is that it isn't costing Uber R&D dollars anymore. |
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