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Where in the World Is Larry Page?

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Re: Where in the World Is Larry Page?

#191

Post by jstandard »

gonehome wrote: post #177
refurb wrote: post #174

Elon Musk interview on Joe Rogan last which made their shares drop 8% for the day because he took one puff. Everyone went berserk because you are not supposed to do something like that if you are the CEO of a large company. The stock dropped because the CAO departed less than a month after starting at Telsa. Not because of the puff of marijuana.

I don’t think that’s actually true though it’s been repeated a lot - people have left without that large of a crash (and in this case it looks like they joined to help with going private so it’s not a huge surprise they left). The fast crashes seem more related to stupid media freak outs - similar to FB and the Cambridge Analytica thing.

I don't see Cambridge Analytica as a "stupid media freak out", it exposed a concerning and far reaching privacy issue with the Facebook platform.

Concerns about Tesla's solvency have been building for months. The departure of several high-level executives is a big concern and what moved markets. It might signal that people are jumping ship.

Re: Where in the World Is Larry Page?

#192

Post by TrainedMonkey »

gonehome wrote: post #177
refurb wrote: post #174

Elon Musk interview on Joe Rogan last which made their shares drop 8% for the day because he took one puff. Everyone went berserk because you are not supposed to do something like that if you are the CEO of a large company. The stock dropped because the CAO departed less than a month after starting at Telsa. Not because of the puff of marijuana.

I don’t think that’s actually true though it’s been repeated a lot - people have left without that large of a crash (and in this case it looks like they joined to help with going private so it’s not a huge surprise they left). The fast crashes seem more related to stupid media freak outs - similar to FB and the Cambridge Analytica thing.

Normally I would say let's look at thing that matter, however Tesla stock always was a hype animal. Thus what affects it most are big splashy news.

Re: Where in the World Is Larry Page?

#193

Post by baddox »

refurb wrote: post #174

Elon Musk interview on Joe Rogan last which made their shares drop 8% for the day because he took one puff. Everyone went berserk because you are not supposed to do something like that if you are the CEO of a large company. The stock dropped because the CAO departed less than a month after starting at Telsa. Not because of the puff of marijuana.

I don't know whether that's true or not, but I'll add that his appearance on Joe Rogan also made him look rather...unhinged, or very stressed out, or on some sort of drugs. There was nothing extremely troubling, but it certainly didn't paint the picture you would expect of someone running multiple large fast-moving public companies.

Re: Where in the World Is Larry Page?

#194

Post by ThomPete »

jstandard wrote: post #191
gonehome wrote: post #177

Earlier quoted context omitted.

I don’t think that’s actually true though it’s been repeated a lot - people have left without that large of a crash (and in this case it looks like they joined to help with going private so it’s not a huge surprise they left). The fast crashes seem more related to stupid media freak outs - similar to FB and the Cambridge Analytica thing.

I don't see Cambridge Analytica as a "stupid media freak out", it exposed a concerning and far reaching privacy issue with the Facebook platform. Concerns about Tesla's solvency have been building for months. The departure of several high-level executives is a big concern and what moved markets. It might signal that people are jumping ship.

I am unconvinced about that.

If it was the case that CA actually was able to do the things the media claimed they didn and affect people like that, FB would be in an even better position to affect people which means FB shares should have risen not fallen.

We do not live in the world created by the media about the capabilities of CA not even close.

But as they say. The market can stay irrational longer than you can stay solvent. That irrationality is further fueld by the medias attempt to dumb down things IMO.

Re: Where in the World Is Larry Page?

#195

Post by intended »

Doing the smart thing and retiring?

Theres not much that can be said about communication online. Its going to be terrible, even without VC money thrown at it.

This isn't hyperbole, its just history - even with the first ever online game, back in the text days, the first griefer existed. In old forums, we had eternal september.

Communication online is just hacking the human brain more efficiently.

Re: Where in the World Is Larry Page?

#196

Post by dang »

refurb wrote: post #174

Elon Musk interview on Joe Rogan last which made their shares drop 8% for the day because he took one puff. Everyone went berserk because you are not supposed to do something like that if you are the CEO of a large company. The stock dropped because the CAO departed less than a month after starting at Telsa. Not because of the puff of marijuana.

We detached this subthread from https://news.ycombinator.com/item?id=17979743 and marked it off-topic.

Re: Where in the World Is Larry Page?

#197

Post by AnthonyMouse »

fullshark wrote: post #148
JumpCrisscross wrote: post #87

Earlier quoted context omitted.

> Page staying in the dark only generated this one article Eh, it’s going to generate nasty side effects. Google spends a lot on lobbying. This kneecaps those efforts. That’s bad news for a host of broader issues, including net neutrality.

When has public attention ever been beneficial for corporate lobbying efforts?

When the thing they're lobbying for has broad public support.

Re: Where in the World Is Larry Page?

#198

Post by madrox »

wybiral wrote: post #67
Zelphyr wrote: post #60

It's kind-of Congress' own fault here. They so often have these... events, that are mostly for show and for the politicians to grandstand making them seem tough to voters but really have very little substance. I doubt any meaningful policy ever comes of them. Doesn't everybody know by now that they're grilling these CEO's in front of the cameras and begging them for money behind the cameras? "outrage" indeed.

The Senate Intelligence Committee hearings are usually pretty facts-first unlike the other random hearings and sessions. I watch them on C-SPAN whenever they happen (which isn't that frequent). Edit: I strongly recommend watching these directly from C-SPAN rather than the summarized spin-version from random news companies. You might be surprised how little of their time is wasted on grandstanding. Yeah, some politici…

I second this sentiment. I started paying attention to C-SPAN after watching Dan Kaminsky testify about the DNS vulnerability, and it's been very illuminating to see how both sides of the table ask questions.

Re: Where in the World Is Larry Page?

#199

Post by TangoTrotFox »

ThomPete wrote: post #150

This is why I more or less stopped reading or watching the news. If something is important I will find out. If I want to understand the world better I will either read a book about a given subject, ask someone who knows something, explore it on my own or debate it with someone who holds the opposite view of me. News especially these days is mostly sensationalist gossip made by people who's primary incentives is to ge…

"Nothing can now be believed which is seen in a newspaper. Truth itself becomes suspicious by being put into that polluted vehicle. The real extent of this state of misinformation is known only to those who are in situations to confront facts within their knowledge with the lies of the day. The man who never looks into a newspaper is better informed than he who reads them; inasmuch as he who knows nothing is nearer to truth than he whose mind is filled with falsehoods and errors. He who reads nothing will still learn the great facts, and the details are all false."

It's kind of interesting how this feels like such a relatively new problem, yet that quote is from Thomas Jefferson, 1807.

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