Amazon and better.com have come up with a new way for Amazon employees to buy a home with stock.
The program is available to laid off Amazon employees who still have restricted stock units.
The program is protected against margin calls.
The main benefit is that the stock is seen as a tangible benefit by employees.
This week on Prof G Markets, Scott explains how Virgin Galactic’s unique supply and demand constraints make it a terrible business. He also breaks down why Amazon and Better.com are partnering to allow Amazon employees to pledge their stock as collateral for home loans — with a catch. Finally, Scott takes a look at the enduring grocery delivery market and shares his thoughts on why Instacart might hold the key to unlocking the IPO market.