As Uber prepares to go public later this year, CEO Dara Khosrowshahi stands to gain significantly. Not only is he a major shareholder in the company, but he is also on the verge of potentially earning an additional $100 million if he successfully leads Uber to a valuation of at least $120 billion. This financial milestone is crucial for Khosrowshahi, as his leadership will be scrutinized closely by investors and market analysts alike.
Recent regulatory filings reveal that Khosrowshahi's bonus will kick in if Uber's valuation reaches $120 billion and maintains that figure for at least 90 days. Alternatively, if the company is sold for that amount, he will receive a substantial reward in the form of stock options. Specifically, Khosrowshahi will be granted 1.75 million stock options priced at $33.65 per share, vesting over five years, provided the company meets the necessary valuation thresholds. Currently, he holds approximately 200,000 shares of Uber, further emphasizing the high stakes involved in this valuation challenge.
However, Khosrowshahi faces a daunting task in convincing investors of Uber's worth. The company's current financials alone may not be sufficient; he must also articulate a compelling vision for Uber's future growth. This includes leveraging the potential of profitable offshoots like Uber Eats, which boasts a projected market opportunity of $795 billion, and Uber Freight, valued at $700 billion. Additionally, the integration of self-driving technology presents another avenue for revenue generation, highlighting the various ways Uber can expand its market influence.
Details | Information |
---|---|
Full Name | Dara Khosrowshahi |
Position | CEO of Uber Technologies, Inc. |
Shares Owned | 200,000 shares |
Stock Options | 1.75 million at $33.65/share |
Potential Bonus | At least $100 million |
What You Will Learn
- Khosrowshahi's potential earnings tied to Uber's valuation.
- Details on stock options and vesting conditions.
- Challenges facing Khosrowshahi in securing investor confidence.
- Growth opportunities for Uber, including Uber Eats and self-driving technology.