4 ms·
2B in employee stock compensation!
by ProfessorLayton 9y ago
2B in employee stock compensation!
- non_sequitur 9y agoOne of the funnier parts is that for revenue, they grew +286%. for losses (which +2200% if you include the stock comp), there is no percentage listed, just "NM" (Not meaningful)
- nemo44x 9y agoAbsolutely disgusting. An issue with tech in general is the equity rewards are far too generous - especially at the top. I have direct plays in a few technology companies I admire and some of them annoy me with the ridiculous grants. We're looking at like 10% dilution over a year for some companies that aren't profitable. And it seems very concentrated at the management level. For SNAP it's especially bad considering that the common shares are non-voting if I recall.
- acchow 9y agoIn a single quarter? That seems excessive. I should have joined Snap.
- jondubois 9y agoWell they have to pay them big money to keep them quiet.