At Uber, a large portion of compensation for engineers is in stock. At Netflix, it’s almost entirely cash. Why should non-GAAP earnings privilege Uber’s approac

At Uber, a large portion of compensation for engineers is in stock. At Netflix, it’s almost entirely cash. Why should non-GAAP earnings privilege Uber’s approach over Netflix’s approach? Wouldn’t it be better to make your non-GAAP earnings capitalize R&D expenses? Even at a company like Uber, plenty of stock goes to non-R&D employees, and plenty of cash does go to R&D, so it’s not even measuring what you want it to measure. Also, capitalizing R&D would mean that companies could also write down failed R&D investment, which is obviously necessary for accurate reporting if you never charged that investment as an expense.