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Waymo case reveals Levandowski got $250M in Uber stock for Otto

3 pointsby openmosixabout 8 years ago

1 comment

openmosixabout 8 years ago
&quot;An Uber spokesperson said that the stock grant was issued around the time of the Otto acquisition in August 2016, and that it is common for vesting deals to back-date to the formation of an acquired startup.&quot; Common? Till 5 minutes ago, I thought stock options backdating was just illegal[1].<p>[1] <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Options_backdating" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Options_backdating</a>
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