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Twitter CEO fires two top executives, freezes hiring

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Re: Twitter CEO fires two top executives, freezes hiring

#201
post #84

So there's two options right - the first is that Parag is for some reason making big strategic decisions about the direction of the company despite the fact that we all know he'll be gone if the deal closes. Or he's making big strategic changes at the behest of the acquirers before the deal closes. Neither of these things seem particularly kosher moves to make. The question is how to figure out which one it is. It wo…

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Re: Twitter CEO fires two top executives, freezes hiring

#202
post #139

Earlier quoted context omitted.

You're assuming that the deal will definitely close. The deal can still fall apart for a number of reasons. The risk of this happening is far from remote. This is evident from the current stock price of about $46, which is significantly lower than the $54.20 Musk is offering.

These mergers never are almost never at parity months before closing. This one isn't even so far a spread, 15% rebate on proposed takeout price. Activision, with an offer from Microsoft for which even Buffett is partaking in the arbitrage, sits at 20%. Even back at the announcement in January, before this market turmoil which can threaten these deals, it traded at a like 14% discount. With that in mind, special situa…

And that's because a lot of such mergers/buyouts fail.

That's why the price is never on parity.

Putting everything on hold until the merger closes is a severe dereliction of duty.

Re: Twitter CEO fires two top executives, freezes hiring

#203
post #84

So there's two options right - the first is that Parag is for some reason making big strategic decisions about the direction of the company despite the fact that we all know he'll be gone if the deal closes. Or he's making big strategic changes at the behest of the acquirers before the deal closes. Neither of these things seem particularly kosher moves to make. The question is how to figure out which one it is. It wo…

> So there's two options right There are far more possibilities than those two. Here's just one off the top of my head (I assign no probabilities here, just pointing out this false binary): This person is being fired as a result of some investigation or process that began prior to the acquisition process and whose results have only just been reached. There are a whole range of process driving, "my hands are tied" sce…

Although if you were fired after being investigated and the company is keeping it quiet, then surely going with the standard "spend some time with the family excuse" and keeping it quiet rather than drawing attention to that fact would be basic self preservation.

Re: Twitter CEO fires two top executives, freezes hiring

#204
post #112

Is he the one who gave final approval of the anonymous login-wall, which pops up after 2 screens of scrolling in Twitter? If so, good riddance, as that is an incredibly hostile user pattern. BTW, maybe it's purely coincidence, but after refreshing my browser cache it seems to have gone away today.

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Re: Twitter CEO fires two top executives, freezes hiring

#206
post #84

So there's two options right - the first is that Parag is for some reason making big strategic decisions about the direction of the company despite the fact that we all know he'll be gone if the deal closes. Or he's making big strategic changes at the behest of the acquirers before the deal closes. Neither of these things seem particularly kosher moves to make. The question is how to figure out which one it is. It wo…

Another option - get rid of the talent before the next guy comes in to run it, because you don't like him.

Re: Twitter CEO fires two top executives, freezes hiring

#207

Earlier quoted context omitted.

What's odd about it? Why wouldn't he be proud of his team for successfully building stuff he thought was important to build?

Being so proud you lose your sanity? That's quite odd. It's an insane amount of hyperbole.

Seems like a pretty typical use of the word "insane" in the US.

Re: Twitter CEO fires two top executives, freezes hiring

#208

Earlier quoted context omitted.

What's odd about it? Why wouldn't he be proud of his team for successfully building stuff he thought was important to build?

Being so proud you lose your sanity? That's quite odd. It's an insane amount of hyperbole.

Insanely is just operating as a term of emphasis in this context. Maybe that's not an easy translation?

One definition for "insanely" is [0]:

> to an extreme degree.

[0] https://www.merriam-webster.com/dictionary/insanely

Re: Twitter CEO fires two top executives, freezes hiring

#210

Earlier quoted context omitted.

Nothing could be worse than the crap reddit has been doing for the last year or so to force users (or from their perspective, useds, as rms likes to say) to download its app or login. First they outright blocked viewing posts unless logged in, then they disabled that, and now brought it back so that random posts are blocked from viewing with a message "This hasn't been reviewed" whatever that means. Someone at reddit…

I'm kinda hoping that reddit will finally remove old.reddit and the old design, not that I think the new design is good but it would finally make me drop reddit from my social media addiction.

Yeah the new reddit is unusable. Not borderline unusable, but like actually useless. I can't believe they released it and I can't believe people actually use it.
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