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Cake day: June 17th, 2023

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  • You don’t need to exercise your stock options to access their value. It’s common practice to take loans out against their value, which allows you to access your money effectively tax free by instead paying interest against the loan. This is (again) a fairly commonplace practice used to make collecting tax difficult, and allow them to make the argument to regulators that they aren’t actually being paid that much, it’s totally just options they would never sell off. That’s why C suite has such a “burn everything to the ground, as long as our stock price goes up” mentality, because if it doesn’t, they have to start worrying about interest on their loans— because they have fairly low liquidity (percentage wise).




  • pup_atlas@pawb.socialtoLinux@lemmy.mlWhat if I paid for all my free software?
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    8 months ago

    If that were solely true, there would be a lot more competition in the field right now. Amazon, (and to a much lesser extent the other 2 big names, GCP and Azure) are so massive not because they have a lot of power (plenty of other companies like digital ocean or OVM have plenty of scaling power too)— but because the integrations between their products are so seamless. Most of that functionality has a foundation in FOSS software that they’ve built on top of.