Diller asserts 80% to 90% of employees immediately cash out vested options
Barry Diller · Barry Diller: Building IAC · Sep 30, 2025 · at 50:43
IAC Chairman Barry Diller argues against broad-based equity compensation, discussing employee behavior around option vesting.
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“What I have learned is that most people, you think that giving large populations options in the company's securities, that they would hold on to them. And what you find out is 80, 90%. The first moment that they, quote, vest, they cashed them.”
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