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…
Or the deal is not going to close?
"SEC is investigating Elon Musk over his late disclosure that he had purchased Twitter stock"
"To the hard working (current and former) Tweeps out there who made all this happen: Thank you for pouring your heart and soul into this place " Tweeps? Is that really a term of endearment they refer to each other as? Really?
Feels less condescending than Apple "Geniuses" or Best Buy "Nerds", and pretty in line with "Googlers", "Toasters" or "Hulugans". Is this a thing most people refer to other employees as most of the time? No, but it helps corporate create an image of a fun, playful workplace. I think it's utter bullshit, but you know, to each their own.
> No, but it helps corporate create an image of a fun, playful workplace
Nah, all of these corporate 'pet names' are applied unilaterally, by the executives to the workers. Condescension is the point. The application of such a nickname is a show of power, meant to remind workers of their place in the system.
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…
You're discounting the very real possibility that Parag is operating as if the deal will not go through, and is making large strategic decisions in anticipation of that being the case. For Parag, I don't see it "burning his reputation" at all, considering either a) he's right and will face the tall task of helming a Twitter that continues to disappoint its investors or b) he's wrong and it won't be his problem when E…
CEOs of large companies that are forced out during acquisitions often fail upward. It really depends on how they behave right before the close. Effectively, the CEO has to advocate for the company and get the most out of the acquisition, and if they do, they are often rewarded (with seats on board or choice of next job). realistically, he will be able to retire for life after this if he chooses, and will be able to select a job offer that works well for him.
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…
It maximizes his chance of survival either way. The probability that Elon is margin called by year end is roughly 40% according to option prices. - 60% chance you get fired either by Musk or investors if you don't turn the ship. - 40% chance you Musk is margin called and doesn't take over, but still might be fired by investors or acquired by someone else who may in turn can him.
The crypto crisis should significantly diminish musk wealth no?
No, why would you think that?
His wealth is mostly owning 20% of Tesla, plus some extra few billions from owning significant fractions of SpaceX, The Boring Company, and Neuralink. Presumably there’s some cash in there as well, but on his scale a hundred million is a rounding error.
He is going to get a severance package larger that most of us will make in our lifetimes. There's no reason to weep for him.
What does a "head of consumer product" do? Has Twitter's platform/offering changed all that much in 7 years?
The only positive change I can remember in the last 5 or so years (besides maybe extending the character count which I'm neutral about) is the toggle to go back to chronological tweets. You used to have to use lists of Tweetdeck, then they added an option but was hidden away or didn't stay default.
For all the hype AI/recommendations algorithms get I don't think it works well on a platform where you already choose who to follow.
Otherwise I've always wondered what the thousand Twitter employees do besides keeping the site running and advertising sales/development. Although I've never worked at a giant tech company before.
I've been using Twitter since it's main novelty was that it was a successful Ruby on Rails app, and honestly I've been trying to figure out where the exit is for my personal use of Twitter lately. If the acquisition goes through, Twitter won't make enough money to service it's debt, and the things they will do to fix that are pretty much guaranteed to lower the quality of the platform, which frankly has never worked…
I hope you’re right. I hope Elon takes over and turns into a cesspit . Burn it to the ground once and for all, let the public stare into the abyss that their fellow humans.
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…
I think there's also the possibility that Parag is vying to keep his job as CEO, and so he's trying to guess what he thinks will impress Musk, and executing on it while he's still in charge.
This is mind boggling to me. Kayvon is one of the best product leaders / visionaries I know. It was confusing to me in Dec that he wasn't Jack's successor. Kayvon was a huge driving force behind all the interesting product efforts of the last few years: Spaces, Fleets, topics, etc. Twitter went from not iterating on product (remember when Twitter's only change in several years was to change the star to a heart?) to s…
Are Spaces, Fleets, or Topics considered successes?