Yale Law School Professor Exposes How Unicorns Hide Billions in Compensation Costs Before Going Public

Yale Law School professor exposes how unicorns hide billions in compensation costs before going public

Yale Law professor Sven Riethmueller finds 91 unicorns deferred billions in stock compensation costs pre-IPO, with 83% facing post-listing price

After the I.P.O., a Billion-Dollar Bill for Employee Paydays

Sven Riethmueller, a professor at Yale Law School, argues that companies have exploited accounting rules around stock-based compensation to present artificially rosy financials before they go public.