this post was submitted on 14 Jun 2023
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IMO, exec salaries (and any equity grants) should be exclusively tied to company profitability but that's one of those things that'd never happen in a million years.
There's just no incentive to build sustainable businesses when you're working with free money and I think a lot of tech firms (not just social media ones) are going to crash land over the next couple of years.
well, technically giving Stock as salary/compensation is tied to company profitability. But I don't think that's working for now because the awarded stock amount is adjusted so the monetary value not changed at the time of receiving the stock itself.