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> Moreover, if you think employees at FAANGs and big tech companies aren't on-board with this laser focus on share price, remember that a big, big chunk of thei
by sangnoir 4y ago
> Moreover, if you think employees at FAANGs and big tech companies aren't on-board with this laser focus on share price, remember that a big, big chunk of their compensation is in equity...
The magnifies the short-termism problem, as employees - like In 'n Out investors - prefer winning battles in the short term, even at the cost of losing the war since they won't stick around the losing side beyond their vesting period.