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FWIW: They have provisions in their bylaws (which can only be changed with the assent of their public interest asset-locked shareholder) that restrict salaries
by stakhanov 2y ago
FWIW: They have provisions in their bylaws (which can only be changed with the assent of their public interest asset-locked shareholder) that restrict salaries to a level that's commonplace in the industry specifically in Germany. In Germany, software engineers and managers tend to make a lot less than they do in the U.S., certainly not an amount of money that's a meaningful tradeoff for giving up rights to dividends and other distributions.