[icebraining]

I don't see how they are "very different things". That stock has a monetary value, does it not?

They could offer it to their employees in exchange for a salary reduction totaling those $34M/year.

Alternatively, they could have sold that stock.

Or taken a loan using that stock as collateral.

[andromedaworld]

> They could offer it to their employees in exchange for a salary reduction totaling those $34M/year.

It doesn't really matter. If the business is unsustainable then all such moves won't cut it anyway. Businesses typically lay people off when things aren't going well, and things aren't going well for snap.

They could pay them that money today but what about tomorrow?

[aylmao]

In theory $34M/year worth of employees should help you build a stronger company that would make $34M more next year.

In practice though, maybe Snap just can't grow that fast. Which is fine, but it's still sad that 220 people lost their jobs.