They're certainly not cash equivalent but I don't think it's disingenuous to include in rankings. The fact is people evaluate that number and even use it as 'co

They're certainly not cash equivalent but I don't think it's disingenuous to include in rankings. The fact is people evaluate that number and even use it as 'competing' offers. It does sway the market liquid or illiquid. I remember when Uber was on a hiring spree a few years ago and was throwing eye-popping numbers. I had several friends switch to Uber or other companies and use the Uber offer for negotiation.