Thread regarding ViaSat Inc. layoffs

@1tp $1B can hire a lot of talent- if I were him, I’d reallocate a significant portion to incentivize or hire people

@1d6 It's surprisingly tame. They will only print 2.8M new shares for exec compensation the first year. Amazing!

You lost me at the "...stock hits $300..." part. We're not fielding our best.

@1d6 If interest rates ramp up, he's cooked.

Markd probably won’t give up with this new carrot dangled by the board

@wm lol ur prediction was debunked yesterday. New compensation plan filed with SEC yesterday. Up to $1B in stock if MarkD sticks around until 2030 and stock hits $300

Hopefully they buy and bring Guru back!!!… 😂 that way the chit show can continue

@wm Is it still incentive pay when you get it no matter what the outcome is?

Lol....it would be yet another pay day for the execs....

​Standard Executive Exit Components:
​If a change in control were to happen and result in management departures, Viasat's existing proxy structure provides standard protections:
​Multiples of base salary and target annual bonus
​Acceleration of unvested equity awards (stock options and RSUs)
​Continuation of health benefits for a designated post-termination window
​Because these protections are already written into existing executive contracts, the board has not needed to issue new or emergency retention packages.

The long sought break up of the government business may finally be near.

I'm doubting this. Some kind of asset transaction may be in the works, but I'm doubting the benefit of a company purchase by Amazon. The original article focuses on spectrum and jumpstarting Amazon's aviation business. Amazon already has the spectrum, maybe they make a play for some more spectrum but they don't need to buy the entire Viasat problem to do that. Regarding the aviation business, they wouldn't actually be buying anything different than they have today. Meaning in Amazon's competition with StarLink, they'd just be buying a business that is losing customers to StarLink. Amazon doesn't need to spend billions to end up in the same competitive position in their race against StarLink. Of course this would be a great outcome for Viasat as the mistakes and misjudgements can all come to an end, but the benefits to Amazon I think are only in some narrow asset transaction.

Guess we'll find out at earnings call

That explains the recent meteoric stock price rise as well as the imminent major house cleaning before the sale.