Comment on Unity Bosses Sold Stock Ahead Of Scummy Dev Fees Announcement

kibiz0r@midwest.social ⁨1⁩ ⁨year⁩ ago

• AlwaysNowNeverNotMe@kbin.social ⁨1⁩ ⁨year⁩ ago

  They literally take out tax free loans with the stocks as collateral. Dodging the entire capital gains system.

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• wmassingham@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Because stock you can’t sell is worthless.

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  • kibiz0r@midwest.social ⁨1⁩ ⁨year⁩ ago

    It’s worth whatever it sells for when you resign. Which, if you did a good job, is way more than what it would’ve sold for the day you got it.

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    • wmassingham@lemmy.world ⁨1⁩ ⁨year⁩ ago

      If you’re doing a good job, though, why would you want to resign?

      And if, for reasons beyond their control, the stock price is going to fall (e.g. new international tariffs or something), why should they be handcuffed to that decrease in value?

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