> dilution of the stock

Assuming that the original Twitter thread folk is not doing LARPing, this one bit summarizes the entire point why institutional investors like TCI [1] were demanding layoffs due to dilution via SBC [2].

I would prefer a precise definition from SEC regarding on how SBC is declared [3] (it it's Cash Expense or not) and establish a clear guidance for all investors to remove this generalized anxiety that put pressure on workers.

[1] - https://www.tcifund.com/files/corporateengageement/alphabet/... [2] - https://aswathdamodaran.blogspot.com/2014/02/stock-based-emp... [3] - https://www.eigercapital.com/stock-based-compensation/