|
|
|
|
|
by shuckles
1201 days ago
|
|
Meta is an instructive example of how this might apply to large companies: those which show little income after frivolous expenses may see their valuation tank, impacting total employee compensation which depends on high prices. These companies may want to free up cash flow to spend on buybacks instead of moonshots, causing them to cut down projects. However, they don't have a $0 in the bank account clock running like many startups may. |
|