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Eh, it was all booked in 2017. But almost $2 billion of this loss actually accrued over many years as stock options compensation.
by acchow 9y ago
Eh, it was all booked in 2017. But almost $2 billion of this loss actually accrued over many years as stock options compensation.
- prklmn 9y agoHello 1999!
- adventured 9y agoNo, in 1999 most public tech companies didn't account for stock options in that way. They pretended they weren't an expense, boosting their profitability figures. Although the dotcom bubble arguably played a big role in finally causing a shift in that accounting practice. https://hbr.org/2003/03/for-the-last-time-stock-options-are-an-expense https://hbr.org/2003/03/for-the-last-time-stock-options-are-...