Hence another problem for Anthropic if it becomes public.
Outsized stock based compensation when you’re posting massive GAAP losses just makes it look like you’re robbing shareholders… because in a real sense you are.
Outsized stock based compensation when you’re posting massive GAAP losses just makes it look like you’re robbing shareholders… because in a real sense you are.
The shareholders benefit when the employees have an incentive to do good work.
That's fine when they are accountants, it's important to tell the decision makers the costs. The decision makers know the value.
The problem is when the decision makers don't know the value.