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by technotony 2304 days ago
But at the same time enterprize value increased 40x. Paying 1/3 of the gains to management seems fair given the performance.
2 comments

But it's more complex than this. Would it increase as much without paying 1/3? Were short-term gains optimized at the expense of sustainable business?
Didn't they start doing leveraged finacial product investments and stuff since it was heads their massive stock option incentives pay off, tails no big loss for them.