3 ms·
> dilution of the stock Assuming that the original Twitter thread folk is not doing LARPing, this one bit summarizes the entire point why institutional investo
by braza 3y ago
> dilution of the stock
Assuming that the original Twitter thread folk is not doing LARPing, this one bit summarizes the entire point why institutional investors like TCI [1] were demanding layoffs due to dilution via SBC [2].
I would prefer a precise definition from SEC regarding on how SBC is declared [3] (it it's Cash Expense or not) and establish a clear guidance for all investors to remove this generalized anxiety that put pressure on workers.
[1] - https://www.tcifund.com/files/corporateengageement/alphabet/15th%20November%202022.pdf https://www.tcifund.com/files/corporateengageement/alphabet/...
[2] - https://aswathdamodaran.blogspot.com/2014/02/stock-based-employee-compensation-value.html https://aswathdamodaran.blogspot.com/2014/02/stock-based-emp...
[3] - https://www.eigercapital.com/stock-based-compensation/ https://www.eigercapital.com/stock-based-compensation/