> Why would anyone have a sight longer than a quarter? I mean how does long term thinking help the execs get their compensation this quarter?
replyVesting schedules, conditional grants, contractual equity ownership requirements
>Vesting schedules, conditional grants, contractual equity ownership requirements
replyIn those filthy low margin industries that HN loves to regulated across the oceans out of sight out of mind capital investments have service lives measured in decades.
Would be interesting to get a law that says that all positions supposed to take long-term decision should be paid with X% of their salary in (non-redeemable until Y years?) stocks.
reply> ...any actual product RD and support is a real annoying cost that just cuts into the profits...
replyWorse, it might not generate a return. If you have enough profits, you just buy anyone who successfully produced something innovative. Let them take the risks. As Cisco used to say, "Silicon Valley is our R&D lab."
It is a very difficult mindset to argue against.