project

Beetles with Ballooning Burdens

A Yale Law School working paper on the deferral of pre-IPO stock-based compensation expense into the listing quarter, subtitled "Pushing out Pre-IPO Compensation Costs until the RSU Reckoning".

Known aliases

Beetles with Ballooning Burdens: Pushing out Pre-IPO Compensation Costs until the RSU Reckoning

Relationships

No evidence-backed relationships are recorded.

Current clusters

invest1 publisher

Sixty pre-IPO unicorns deferred an average $358 million of stock comp into their listing quarter

Sven Riethmueller's Yale working paper counts the deferred RSU expense in 91 US unicorn listings from 2014 to 2024. Firms carrying $107 million or more of it fell 83% of the time once the first public quarter printed.

Publishers:cryptobriefing.com

Reality

Evidence33
Adoption: Insufficient
Hype gap+38
Incentives62
Confidence38