Gudvangen Profile picture
Apr 30, 2022 9 tweets 3 min read
@ProsusForAll I have a question about Prosus compensation components as shown in Page 140 of 2021 annual report. It seems 92.5% of the compensation is tied to ecommerce portfolio growth excluding Tencent and Mail Ru. My question is, since the Tencent stake is excluded, shouldn't the funds acquired from the sale of Tencent also be subtracted from the portfolio value. If you don't subtract management can just increase the value of portfolio by simply selling Tencent shares and use the proceeds