Bg2 Podcast, Ep5: Stock Comp, AI Cold War, Valuations for LLM, 2024

Investors (and politicians) focus exclusively on buybacks. But they’re often just the exhaust.

It’s helpful to understand stock based compensation and share issuance, and this is a great discussion with Bill Gurley, Brad Gerstner, & Bob Mylod.

Additionally, Thomas Reiner had some thoughts on the show in his email newsletter Platform Aeronaut, with the post Seven Ways to Look at Stock-Based Compensation & Dilution.