May. 8 at 7:52 PM
$PINS THERE is nothing wrong with user engagement, free cash flow or ad industry. There is only one thing with Pins: The employee stock options, they issues 48 million RSUs in April which is more than 200% increase YoY, and it is amortizsed in about 2.7 years. This company put employees or management’s interest before shareholders, the biggest issue with this company.