zlacker

[parent] [thread] 2 comments
1. maccar+(OP)[view] [source] 2017-01-13 10:34:01
> It's only losing money because of stock grants.

That's like saying "We're only losing money because we have to pay our staff"

replies(1): >>acdha+Qh
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2. acdha+Qh[view] [source] 2017-01-13 14:19:26
>>maccar+(OP)
They do pay their staff. Unfortunately the stock compensation was based on the … highly optimistic … story they told around the IPO about growing to be as large as Google or Facebook. Why spend prudently when you're about to be stupid-rich?
replies(1): >>danude+im1
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3. danude+im1[view] [source] [discussion] 2017-01-13 21:53:35
>>acdha+Qh
I can't count the number of companies I've seen die or collapse because of this mentality.
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