FT: China’s AI talent war is now being fought with special stock.
ByteDance is paying its Seed AI staff with special unit-linked shares, which gives employees low-priced Doubao stock at $13 a share, tied to Seed.
i.e. the stock is linked specifically to the performance or value of ByteDance’s AI business, not to the whole ByteDance company.
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ft .com/content/557561df-4b72-48e8-89cb-239829de694a?syn-25a6b1a6=1