Jack actually walked out of the Twitter meeting where they were explaining the layoffs to the leftover employees. I'm sure he had an important meeting though.
How Jack Dorsey Runs Both Twitter, Square
21–30 of 74 posts
Re: How Jack Dorsey Runs Both Twitter, Square
#22Jack Dorsey cut a deal with Starbucks that's lost $100k every day for three years -- and gave up equity and a board seat for the privilege.
Yeah, but it came with a bunch of free advertising at the time. Square also thought Starbucks would help Square launch new customer-facing products because of Howard Schultz's board seat, but that never materialized. I think it was a good deal at first, but definitely wasn't worth it over the long haul. Square was betting that Starbucks would help them in exchange for subsidizing their payment processing, but Starbuc…
You can buy a lot of advertising for $100k a day. More importantly, you can stop buying that advertising when the product doesn't catch on. Dorsey pulled the product in 2014 and is still paying close to a Super Bowl spot every month to advertise it.
Re: How Jack Dorsey Runs Both Twitter, Square
#23I think his status as a single child-free person goes understated in this article. It takes a special kind of husband/wife to be okay with someone who works this hard and not having to juggle a home life frees up his schedule to a huge degree. I can imagine working hard 18hr days while still in my 30s, but I cannot imagine doing that while maintaining a marriage and taking care of a kid or two. The guy is a billionai…
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Re: How Jack Dorsey Runs Both Twitter, Square
#24[deleted]
You've posted many uncivil comments to HN. We've asked you more than once not do this. If you can't or won't stop, we will ban your account.
We detached this comment from https://news.ycombinator.com/item?id=10798178 and marked it off-topic.
Re: How Jack Dorsey Runs Both Twitter, Square
#25[deleted]
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Re: How Jack Dorsey Runs Both Twitter, Square
#26Earlier quoted context omitted.
Yeah, but it came with a bunch of free advertising at the time. Square also thought Starbucks would help Square launch new customer-facing products because of Howard Schultz's board seat, but that never materialized. I think it was a good deal at first, but definitely wasn't worth it over the long haul. Square was betting that Starbucks would help them in exchange for subsidizing their payment processing, but Starbuc…
You can buy a lot of advertising for $100k a day. More importantly, you can stop buying that advertising when the product doesn't catch on. Dorsey pulled the product in 2014 and is still paying close to a Super Bowl spot every month to advertise it.
I don't think anyone at Square thought it was a good deal for the last two years.
Re: How Jack Dorsey Runs Both Twitter, Square
#27I think his status as a single child-free person goes understated in this article. It takes a special kind of husband/wife to be okay with someone who works this hard and not having to juggle a home life frees up his schedule to a huge degree. I can imagine working hard 18hr days while still in my 30s, but I cannot imagine doing that while maintaining a marriage and taking care of a kid or two. The guy is a billionai…
I hear you, I really do, but plenty of guys in finance and trading work these hours and are expected to maintain regular families.
My experience growing up in New York and going to school with lots of kids of fathers in finance was very much the opposite. There was zero expectation that they maintain regular families.
Re: How Jack Dorsey Runs Both Twitter, Square
#28[deleted]
You've posted many uncivil comments to HN. We've asked you more than once not do this. If you can't or won't stop, we will ban your account. We detached this comment from https://news.ycombinator.com/item?id=10798178 and marked it off-topic.
Isn't downvoting such an opinion enough? Do we pretend that banning will pacify people that want to stir trouble?
Re: How Jack Dorsey Runs Both Twitter, Square
#29Poorly? I am surprised that boards allowed him to do this. Even if he manages to do some of the time, there is no way to do this well all of the time.
For what it's worth, he's done this before. http://money.cnn.com/2011/11/13/technology/dorsey_techonomy/
Isn't that interesting? Everything that's old is new again.
Re: How Jack Dorsey Runs Both Twitter, Square
#30Aren't both Twitter and Square not doing so well? Maybe he should focus on one, or learn to delegate better instead of working 18-hour days.
compared to what? they are two of the most successful tech companies built in the last decade