Tech Equity Retention Battle
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Michael Saylor shares how poor stock performance affects talent retention when competing against tech giants.
"If investors dump the stock, the employees start feeling like 'why don't they go work someplace cool and hot?' You're going to get all your engineers stripped away by Facebook or Amazon.
The truth is when we fixed the balance sheet, we fixed the stock. The company now has over $5 billion in assets. All 2,000 people doing 100,000 things perfectly for the entire year competing against Microsoft, that has more money than god, they can generate $75 million a year.
The company's future became secure when we converted the balance sheet to bitcoin because now we don't have to struggle. I wouldn't have said this 3-4 years ago. If you have a sound money macroeconomic environment where the money supply is expanding at 2-3% a year, you can go out and make things, create things, market things, sell things, service things and generate cash. But if the money supply is expanding at 20% a year, you need to own assets."
Michael J. Saylor
Co-founded and leads MicroStrategy, a prominent business intelligence company. Holds degrees from MIT in Aeronautics, Astronautics, and Business Administration.
Pioneered the use of Bitcoin in corporate treasury management and advocates for its adoption. Frequent speaker at industry conferences, leveraging expertise in technology and strategic planning.