In Q4 call #SQ shared, they will be focusing on gross profit growth + adj operating profit margin, that takes into account SBC and LT target of 40%.
Welcome to sanity. Better late than never.
Jack:
"we want to account for real cost of the business. [...] we heard from a lot of the broader investment community that SBC, the way it's accounted for, it just doesn't make sense. And we listened, we wanted to really see it as true cost and reported as such and hold bar to ourselves on making sure that we integrate that as a real cost"
👏