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Sounds like the 'unlimited vacation' that's getting quite popular in the Valley
by guycook 11y ago
Sounds like the 'unlimited vacation' that's getting quite popular in the Valley
- jackcosgrove 11y agoUnlimited vacation is an accounting trick. If a company is acquired, promised yet unclaimed vacation is a liability reducing valuation. Unlimited vacation means the company has not promised a set amount for the year and thus is not liable for it, paradoxically.