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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

#651
post #543

Earlier quoted context omitted.

>I use hate-speech as an example because the "groomer" as a slur issue is at a peak right now and is fresh in my head. Mm. I think the problem is that censorship advocates like you try to add words like this into the lexicon of "hate speech" and try to have it censored. It's not, and it shouldn't be, and you should be ashamed of even thinking it. It is not other people's responsibility to stay up to date on what may…

Well, it depends. I've never heard this term "groomer" before. I don't even understand the term but it sounds like there's a community or subculture out there that takes it very seriously. So, if I were in public spaces where people from that community where known to communicate with one another I would absolutely want to know if something I said was offensive or hateful. I would expect to have the issue brought to m…

The term originally referred to an adult gradually influencing a child to make them vulnerable to sexual abuse. Now it's commonly used to refer to teaching children progressive values, which I think is hateful.

It's also generally used in extremely low signal comments. For example, a person might talk on Twitter about how they think teachers putting up posters saying they support gay students is helpful. They'd then get tens of replies with only the exact phrase "Ok groomer".

Re: Twitter CEO fires two top executives, freezes hiring

#652
post #258

The two execs fired were: - Kayvon Beykpour, Head of Consumer Product (3 years, 11 months) [1]; and - Bruce Falck, Revenue Product Lead (5 years at Twitter, 3 years and 11 months in this position) [2] Kinda weird that both people were just shy of serving 4 years in their current roles. When I see moves like this my immediate thought is always, it's to save or make money. For example, there could be an options pool in…

Are there really no clauses in contracts or laws to prevent something like this? That sounds incredibly scummy.

These are highly-paid executives, so it depends on what they individually negotiated with the company.

Being promoted internally, they might not have pushed as hard, but it is very normal for anyone at Director+ level to bring their own lawyer in to negotiate employment contracts. Executives aren't signing the same employment docs you are signing.

Re: Twitter CEO fires two top executives, freezes hiring

#653

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…

>(not the least of which was the internal 'sacred cow' that all things must be built with Scala) Lol wtf, why should a product person have any say in programming languages?

As a product person, if the engineering leadership has a personal preference and it impacts the ability to deliver features... I'm not sure why they wouldn't push back.

Re: Twitter CEO fires two top executives, freezes hiring

#654
post #443

Earlier quoted context omitted.

Twitter is worth a lot less than what it's trading for. Musk's bid is rather idiotically high. Twitter's shareholders will be desperate if they start to see the full mauling that other prominent, hyper overvalued tech stocks have enjoyed lately. They will take a lower offer accordingly, whether that's from Musk or other. The stock is going into the $20s if they don't take an acquisition offer from someone.

Twitters P/E ratio is 186.12!

The incoming cashflow is substantial and if they simply cut off the R&D it would be a very profitable company.

Re: Twitter CEO fires two top executives, freezes hiring

#655

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…

generally curious, what are some examples of disgusting things legal under US law (I'm not a content moderator)?

Although banned in most states, sexual abuse of animals isn't prohibited by federal law.

Animated depictions of humans having sex with animals is (probably) legal.

Saying "I hope someone kills misiti3780" is legal. Saying "Next year I will drive to misiti3780's house at and kill them and their family " is (probably) legal.

Re: Twitter CEO fires two top executives, freezes hiring

#656
post #649

Earlier quoted context omitted.

Not if your one desire is to run large corporations and you're easily bored.

I'd consider myself easily bored, but I think $42 million would give me plenty of novel ways to entertain myself. (I definitely would _not_ want to run a large corporation though, so I guess it's a good thing I'd never get hired for one of these jobs anyways)

Hell, even if you managed a year or two, you’re still walking away with tens of millions that’s pretty close to financial security for the rest of your life.

Re: Twitter CEO fires two top executives, freezes hiring

#657
post #617

Earlier quoted context omitted.

I am not an expert in cars and yet I know the Renault Zoe was commercialized in 2012, the year of the model S, for a reasonable autonomy and a much, much cheaper price. I believe tesla were the first to sell low volume, pricey EV cars. Their range and timing advance is only because of choosing the rich over the middle class, aka a lesser impact. Although it's true EV were and remain not cheap but it's getting quickly…

I'm no Musk fan, but let's be honest, Tesla released the Roadster in 2008. An expensive luxury product, no doubt, but years ahead of the Leaf or Zoe.

And the Leaf looks like the typical electric cross between a clown car and a golf cart. The Roadster was based on a Lotus Elise. It looked great.

Re: Twitter CEO fires two top executives, freezes hiring

#658
post #233

Earlier quoted context omitted.

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 s…

Job offer or not, $42 million for doing almost nothing is a great deal.

I'm always curious .. how do these execs negotiate such contracts (where contingencies like getting acquired/fired lead to a payoff). Does this start at the VP or EVP level? I assume there are professionals/lawyers involved in the contract part (representing the exec I mean)?

Re: Twitter CEO fires two top executives, freezes hiring

#659

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…

You're comparing apples to oranges. "iOS" market share is iphone market share, which is still very small but with a huge profit margin, android market share is the market share of dozens of phones brands. Nokia and Palm both sell android phones in 2022.

I don't see how that's comparable to Tesla VS old automakers

Re: Twitter CEO fires two top executives, freezes hiring

#660

Earlier quoted context omitted.

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.

You're assuming it can get any worse than it already is

Places like 8chan are much much worse than anything twitter had to offer
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