Re:Nvidia is now a $1T company
by adam_arthur on Tuesday May 30, 2023 @12:01PM
(#36126444)
FCF is not great for tech companies because SBC (stock based compensation), of which these companies do a huge amount of, tends to be backed out.
When a tech employee receives shares, it dilutes other shareholders. This is not "free" money to be ignored just because it doesn't take cash to pay it
When a tech employee receives shares, it dilutes other shareholders. This is not "free" money to be ignored just because it doesn't take cash to pay it