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How Do You Double or Triple When You Go Private?
When a company like Koopa goes private, for those employees to just remain at their baseline comp, that stock based comp needs to be replaced with something else or else they're seeing their salaries reduced. So there's this balancing game when these companies go private in terms of how do you give them the comp that they're earning to keep them engaged in the business? The answer is you don't Versus cutting weeks back. You let them quick because you want to do a riff anyway. But for the people that stay, so there's a balance because it's not just, hey, cut the op-ex. You have to cut the Op-ex including stock based comp.