3 ms·
> Consider also that a lot of their staff are cashing out on their stock options which is the big reason for the GAAP to non-GAAP differences in net income. T
by jonknee 12y ago
> Consider also that a lot of their staff are cashing out on their stock options which is the big reason for the GAAP to non-GAAP differences in net income.
They're giving away huge sums of investor equity to employees instead of having to pay them what they're worth, it's fair that this is recorded as an expense.