> I personally don’t think it’s an interesting question yet. You're probably right. I think it will become interesting once a FAANG starts losing enough stock

> I personally don’t think it’s an interesting question yet. You're probably right. I think it will become interesting once a FAANG starts losing enough stock value and cash that compensation is no longer competitive and cannot be adjusted. My sense is that retention relying on constant and substantial stock appreciation is inherently dangerous for the employer, because it means that if their stock value plunges, their woes will be compounded by almost immediate talent exodus. This is not yet the case for Netflix, which can still pay well.