Intellectually honest quantitative analysis of tech company dilution from mega cap (META, GOOGL, NVDA) to software companies (SNOW, MDB, DDOG) to internet (UBER, SNAP, EXPE) compared to non-tech.
Thank you for sharing this very interesting data. I was surprised by relatively low dilution at TSLA.
I usually subtract SBC from Cash from Operations to get to an "economic" cash flow, but I guess your method is even more precise. The stunning conclusion is that in a bear market the effect of dilution can become really staggering Thanks again for sharing
I'd love to hear your dilution thoughts on CELH regarding the large preferred shares sitting on the books to Pepsi?
Thank you for sharing this very interesting data. I was surprised by relatively low dilution at TSLA.
I usually subtract SBC from Cash from Operations to get to an "economic" cash flow, but I guess your method is even more precise. The stunning conclusion is that in a bear market the effect of dilution can become really staggering Thanks again for sharing
I’m assuming this is not accounting for buybacks to offset the stock-based comp? Or are these dilution numbers net of buybacks? Thanks!