Joseph Carlson: GOOGL — a company event

The window it was checked over

GOOGL closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

What was said around it

actually a faster growth rate than their overall free cash flow so they are growing their expenses faster than their free cash flows and now it's gotten to the point where their employee expense makes up a third of their total free cash flow for example last quarter Google had 16 billion dollars in free cash flow and 5 billion dollars in stock based compensation this is an incredible amount of stock based compensation that's eating up a lot of these free cash flows and that leaves a lot less money for the investor I think there's a very high chance that we'll see similar layoffs with Google in time I think similar to meta right now Google overhired and they're going to be cutting back the other example we could look at is Amazon they likewise increase their Workforce by over double since 2019. we look at the stock based compensation of this company you can see the clear Trend there it's going up over time at a very rapid rate while their cash flows go into the negative last quarter they had minus five billion dollars in free cash flow and their stock based compensation was a record high 5.5 billion dollars that's for one quarter not for the full year this is problematic for Amazon shareholders

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.