‘OBSESSION’ WITH STOCK-BASED COMPENSATION July 3, 2016 Robert Harrington When LinkedIn announced that it sold to Microsoft for $26.2 billion, the New York Times unveiled the “unspoken reason” behind the deal: LinkedIn’s “reliance--some might say overreliance--on stock-based compensation.”In 2015, LinkedIn had $510 million stock-based compensation expense, which represents 17 percent of its net revenue.