[minimax]

Another way to look at it is that Twitter's first trade on the NYSE in November 2013 was at $45.10, and today, almost a year and a half later, it closed at around $42. That is not a whole lot of return for what is supposed to be a growth stock. It's also not a particularly great story to tell prospective employees if you're trying to attract them with stock-based compensation.

[sukilot]

Public companies give RSUs to employees. Which don't need a grown story.

[nandemo]

If the share price isn't going up, one would rather get paid in cash.

[marssaxman]

One would generally always rather get paid in cash, which can be used to invest in a diverse portfolio of valuable investments.

[what_ever]

I got options at my current employer even when they were publicly listed when I got the offer.