It helps employees with stock based compensation, dividends help get a more stable institutional investor base which could reduce volatility. And if they have tons leftover even after their expansion ideas, why not? It’s not like there isn’t truckloads more where that came from. Gavin said they should copy nVidia and loan it out as backstops with rev share.
@annakhachiyan At my pre-college summer job at a packing company, the owner asked me "do you think Madonna is a piece of ass?", and I wasn't completely sure what that phrase meant, and then he proceeded to show me the last stapled issue of Playboy magazine with her on the cover.
@Jason@shaunmmaguire I think it could be worse. As I understand with alpha capture, sell side firms give an API to hedge funds and provide trade ideas/signals not only for a fee, but also contractually partake in percentage of the upside from that research/information.
@ericweinstein Ezra is putting up a “don’t hurt me” sign in the most nonchalant way he could think of. Almost like changing your Twitter avatar to a black square in mid 2020.
@mazemoore Have you seen Andre Antunes stuff? He should do a cover of this one. Some of my favs are https://t.co/8N9j6RHs6W
and
https://t.co/hEHcTAL8aQ
and
https://t.co/4ahlBYdAfv