4DS - Anything but Charting, page-33990

Awesome, jock - that makes more sense to me than the "punishment" rhetoric I've seen here previously.

if selling the company is what we want, I can't see how a sales bonus pool is misaligned with shareholders long term goals... Short term I agree nothing there for that.

so maybe what you're suggesting is a restructure of the SBP rather than a wholesale removal. That would entail
1. Move the goalposts to align with the dilution after recent capital raise AND
2. set the bar higher given the massive upside potential of the company given what it could do in revolutionising AI.
3. Add some short term incentives in between, if they hit it great. If not, fine but they need to keep focus on a big sale.

Note the SBP was defined several years before the AI applications became all the talk, and before they even had a working megabit chip... They thought it would have sold by now, and given the stage of development it maybe should have been valued at somewhere in the current tiering.

Now that tiering structure is creating an "anchor" price for anyone who wants to come and have a look. And it anchors it too low.

I support the idea of restructuring the tiering, but can't get comfortable with removing it all together.