Khosla Breaks Ranks On Expensing Options
from the good-for-him dept
One of the most outspoken people against the idea of having tech companies expense stock options is uber-VC John Doerr. Now, his own partner, Vinod Khosla (who has taken most of the Kleiner Perkins publicity lately, while Doerr keeps a low profile) has come out saying companies should expense options. He has a different reason than most do, though. His argument is that it will help innovation by drawing more talent to private startups, which don’t have to expense stock options. Basically, he’s saying that by forcing public companies to expense stock options, there will be more incentives for top executives to move to startups where they can get a bigger piece of the action.