Mike Cannon-Brookes announced to Atlassian staff on Tuesday changes to how the company paid bonuses and those who worked remotely. They’d no longer be offered rewards (or “refresh grants”) as equity only. Double Bay Jesus’ latest miracle was turning share-based compensation into a mix of scrip and cash.The reason was obvious: Equity options in Atlassian are not what they once were. The share price has halved since the start of the year. Cannon-Brookes needs a story to tell investors about how the software company can keep growing in the AI era.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Mike Cannon-Brookes’ dreams from his father
The Atlassian billionaire’s tribute to his dad contains quite the analogy about the Socceroos’ road to the World Cup.







