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$NFLX earnings, Reed Hastings steps down, Google's 6% RIF & Ok Boomer with Mike O'Brien | E1662
This Week in Startups
Stock-Based Compensation
Apple didn't double employees from 2019 to now, so it's a wonder Larry and Sergey are having to fit. I think for these companies, if the stocks go down, the executives at the top own lots of stock. And eventually they're going to say, you know what? My self-interest as the owner of 10% of this business,. 20% of thisbusiness and their entire net worth is in this business, we can't have the stock price collapse forever. It's all fine in a low interest rate environment where people are buying your stock and it's going up into the right.
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