3 ms·
> It will affect their cashflow if they can’t continue to pay staff in stock based comp. That's not how cashflow or stock based comp works. Lyft doesn't buy st
by umeshunni 4y ago
> It will affect their cashflow if they can’t continue to pay staff in stock based comp.
That's not how cashflow or stock based comp works. Lyft doesn't buy stock off the market and use it to pay their employees - they just issue new stock.
- danielmarkbruce 4y agoPretty sure they are commenting on the fact that employees won't continue to accept funny money. In which case they may have to pay a larger % of comp in cash to stay competitive and hence it will affect cashflow.