Gurley says Netflix executives choosing cash over stock shows management treats SBC as if it's free.
“And I personally think management is a lot more, thoughtful about cash expenditures, and I think they think about this SBC as if it's free almost.”
Gurley says Netflix executives choosing cash over stock makes management more thoughtful about expenditures.
“Netflix, they've let executives make a decision between cash and stock, and a lot of them have taken cash. And I personally think management is a lot more, thoughtful about cash expenditures,”
Gurley highlights Netflix's unique compensation letting employees choose between options or cash with no RSUs.
“Netflix today has a remarkably unique compensation structure. No one does anything like them. But today, if you're an employee, you get to choose either options or cash.”