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Comment Re:Uber not worth $41 billion ... (Score 1) 109

Uber is not worth $41b but it is worth $1.5b that investors put in it. VCs hold preferred shares and they will get paid first should tings turn sour. Everyone else will be holding the bag - that includes employees with stock options. Don't believe startups offering 0.00001% of $41b in stock options. Negotiate for hard cash instead.

The first version always gets thrown away.