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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

#591
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…

What about the possibility guy was going to be asked to leave regardless of recent events, but the executive team decided the least they could do after he put in good time is allow him to collect some PTO on parental leave before handing him the official pink slip? I don't know what Twitter's benefits are but I imagine they have an, "unlimited leave" policy. Could be they've disagreed for a while and an argument came…

Twitter does have an unlimited leave policy.

Re: Twitter CEO fires two top executives, freezes hiring

#592

Earlier quoted context omitted.

I assume revolutionary in that other companies have only really started taking EVs seriously due to the success of Tesla.

People constantly attempt to pretend Tesla didn't spark the EV revolution, because they can't stand to give Musk and or a US company credit. It's the same reason they aggressively pretend Apple didn't spark the smartphone revolution (when it all very obviously derived from the iPhone and its dramatic impact, right down to the design of the phone and interface being copied by everyone else). It's the same reason if yo…

So what?

It's still a business and it is tiny compared to the big players. Tesla is only a slightly better value than crypto given how insanely overvalued the stock is. If the company had an $80B market cap, it would still be vastly overvalued.

Re: Twitter CEO fires two top executives, freezes hiring

#593
post #480

Just a spring cleaning that is about a decade late. Twitter under-performs in every aspect imaginable: financially, product quality, product innovation. Nothing ever gets released and whilst this pace has improved in recent years, those "innovations" don't really deliver. They're barely used, copycats from other apps, and so on. Meanwhile, age-old problems are never addressed, like bots and the extremely hostile mob…

You're 100% correct. They shut down Vine. TikTok is now a billion dollar industry. As far as I'm concerned, every product manager involved in that decision shouldn't be involved with Twitter anymore, because they display an astonishingly level of incompetence.

Wow, never heard of Vine (call me out of touch grumpy old man user persona!), but reading the wikipedia page, what is amazing it was aquired for less than one of today's early rounds - $30m. Maybe they were "too early"? Post pandemic things look a lot different.

Re: Twitter CEO fires two top executives, freezes hiring

#594
post #480

Just a spring cleaning that is about a decade late. Twitter under-performs in every aspect imaginable: financially, product quality, product innovation. Nothing ever gets released and whilst this pace has improved in recent years, those "innovations" don't really deliver. They're barely used, copycats from other apps, and so on. Meanwhile, age-old problems are never addressed, like bots and the extremely hostile mob…

You're 100% correct. They shut down Vine. TikTok is now a billion dollar industry. As far as I'm concerned, every product manager involved in that decision shouldn't be involved with Twitter anymore, because they display an astonishingly level of incompetence.

Vine was exploding when they shut it down, and some of the biggest influencers of today started on Vine. It's incomprehensible to me why anyone would shut down such an absolute jackpot, bizarre really!

Re: Twitter CEO fires two top executives, freezes hiring

#595
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…

Imo mostly likely scenario is they’re removing evidence / firing people as if the evidence is discovered.

If you saw their prior earnings they were over reporting by at least a million users. The people they fired would have potentially known that, or at the very least should have.

Further, due diligence will be done prior to sale. At which point items such as the above can / will be discovered.

Finally, there have been a lot of political decisions made by Twitter (banning a sitting president, etc). If that was done at the behest of government (as some claim) or advertisers (others claim). The result is the same, they made a decision which strategically let Trump start a competing and growing platform. Not good for business.

In any case, I suspect that’s the reason for firing.

Re: Twitter CEO fires two top executives, freezes hiring

#596
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…

What if they wanted to leave and he gave them cover?

What if the board wanted them out?

There's lots of possibilities that don't have much to do with ol' Musky.

Re: Twitter CEO fires two top executives, freezes hiring

#597

Earlier quoted context omitted.

> but afaik that platform is pretty heavy on politics Twitter is what you want it to be, topic-wise, based on who you follow and what they like to talk about. Further tuning is possible using blocks and muted keywords. However, there is bleed because people you follow and Twitter's recommendation features can't help themselves (and not just about politics; anything "newsy" pops up). What happens when Elon's "anything…

> Twitter is what you want it to be, topic-wise, based on who you follow and what they like to talk about. I've tried this. It's false. It's a myth that Twitter users tell themselves, AFAICT. Even disregarding the trending topics and explore interfaces, all it takes is for one of the curated members that you follow to retweet something you're not interested in seeing. > What happens when Elon's "anything under U.S. l…

> I've tried this. It's false.

So I have I. I currently have about a half-dozen accounts, each following different types of accounts with limited overlap. So, what I get on the genealogy account feed is limited almost entirely to genealogists and historians posting about those topics and very little else. People that stray too much get unfollowed.

That said, my personal account has overlap with a separate startup/media/tech account because of some shared interests in the tech space. But there is also a lot of very different items I see in the personal account because of local accounts in the city I live in as well as topical news accounts relating to Asia and Europe that interest me. Naturally, anything relating to current events in those areas also touches on U.S. politics, foreign policy, and military policy, so I get that too, despite some muted keywords.

> But that's contradictory to your claim that Twitter is what you want it to be, based on who you follow, isn't it?

You missed the part in the paragraph that followed:

However, there is bleed because people you follow and Twitter's recommendation features can't help themselves (and not just about politics; anything "newsy" pops up).

And not everyone knows how to filter it, or they only have one account. Those are the most likely to leave.

Not disagreeing with your point about outrage, though. Like you said, there's nothing quite as engaging as content that gets lots of responses/RTs/shares/"likes," and this content tends to be negative.

Re: Twitter CEO fires two top executives, freezes hiring

#599

Earlier quoted context omitted.

Quoted post unavailable.

> Tesla has plainly kicked the ass of the European and Asian auto giants Tesla had 1.4% of all cars sold in 2021, by number of units. Going by revenue it's somewhere around 1%. It is kinda hard to see that as kicking the asses of the competition. Kicking ass would be more like what happened with smartphones, where iOS + Android went from 0 to >90% market share in the space of five years, leaving Nokia, Palm, Blackber…

Expensive cars in the emerging EV market. 1.4% is great.

Re: Twitter CEO fires two top executives, freezes hiring

#600

Earlier quoted context omitted.

That "mid-sized car company" has revolutionised an ~120-year industry while still managing to remain at the forefront, that's why its valuation is so high (even though I also do believe it's over-valued). I'm not saying this as a Tesla-lover nor as a fan of Musk, in fact, as a lover of gasoline engines and of cars in general I see this as a tragedy (I regard EVs as refrigerators with some wheels attached), but it is…

There is no revolution to speak of. Tesla is an evolution in the high-end EV market. In the mid-range market Tesla was late to the punch and faces stiff competition, and in the low-end market they aren't an entity to speak of.

> in the low-end market they aren't an entity to speak of.

So... like Apple?

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