@Trevor2017
Stock based compensation is an accounting scam widely used in the tech industry. It's purpose is to massively reduce the payroll to improve the bottom line.
Summary: Silicon Valley wants investors to believe in the non-GAAP metric and essentially ignore stock-based compensation expenses. Not only is this misleading, it's everything that's wrong with tech, venture capital, and cheap money in general.
https://www.home.saxo/content/articles/equities/beware-of-stock-based-compensation-when-evaluating-tech-firms-05122018
@Trevor2017Stock based compensation is an accounting scam widely...
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