I moved the company to unlimited PTO
My wife overheard the all hands from the other room
After I hung up she said that was generous
Really generous
Didn't correct her
Here is the part I left off the slide
Under the old policy vacation was not free
Every day my team earned and did not take, we owed them
That sat on the balance sheet as a liability
Accountants call it accrued PTO
When someone quit, we cut a check for the balance
Unlimited PTO has no balance
Nothing to earn
Nothing to bank
Nothing new to accrue
The liability comes off the books
Nobody worked an extra hour
Cash didn't move
EBITDA did
My wife still thinks it was a gift
It was a gift
My analyst asked for a Friday off
I said let's circle back
That was 4 months ago
You are welcome
Sent from my iPhone
@elonmusk I disagree, the fact we aren’t technologically able to at least use digital IDs makes me think that we aren’t even ready for an all electrical infrastructure
Think the next thing @realDonaldTrump should do is allow digital IDs to be universally accepted over my flimsy plastic card…@elonmusk make a suggestion??