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Twitter in chaos as employees accept Musk’s invitation to quit their jobs

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Re: Twitter in chaos as employees accept Musk’s invitation to quit their jobs

#431

Post by Apocryphon »

systemvoltage wrote: post #428
Apocryphon wrote: post #417

Earlier quoted context omitted.

That's because unlike anonymous commenters like you and I, he has actually substantiated his beliefs.

I really don't think that's the case here. Most beliefs that align with "hard work" is often touted as "Fascism". That's what we're dealing with here. I've been searching for last few years, I read HN every day and haven't found anyone pro-hard work and celebrating perseverence.

There's literally an Ask HN on the front page right now about the most impactful thing readers have built with like 300 comments. Hard to believe that such a thread isn't celebrating hard work and perseverance.

Re: Twitter in chaos as employees accept Musk’s invitation to quit their jobs

#432

Post by hotpotamus »

systemvoltage wrote: post #428
Apocryphon wrote: post #417

Earlier quoted context omitted.

That's because unlike anonymous commenters like you and I, he has actually substantiated his beliefs.

I really don't think that's the case here. Most beliefs that align with "hard work" is often touted as "Fascism". That's what we're dealing with here. I've been searching for last few years, I read HN every day and haven't found anyone pro-hard work and celebrating perseverence.

Perhaps people are tired of being told "hard work is its own reward" from people who are extremely rewarded with money and a suspicious lack of hard work.

Re: Twitter in chaos as employees accept Musk’s invitation to quit their jobs

#433

Post by shagie »

sokoloff wrote: post #171
gambiting wrote: post #132

Earlier quoted context omitted.

I mean, it's possible, but the organisation would need to be extremely disfunctional for that to be the case - that's the level of bloat I'd expect out of a government agency not a private corporation. If you have teams where 8 out of 10 people do literally nothing or pretend, it should be obvious.

That's not what the Pareto Principle says, when reasonably applied to the engineering department [or employees in general] at Twitter. It says that 80% of the results come from 20% of the sources. That's not 8/10 people are doing nothing, but rather 8/10 people are doing things that only contribute to 20% of what makes Twitter Twitter. On any given team of ten, it's likely that the entire team is in either the 80 or…

Price's Law works better there.

> Derek de Solla Price, a British physicist, historian of science, and information scientist, discovered something about his peers in academia. He noticed that there were always a handful of people who dominated the publications within a subject. Price recognized a pattern which was later named after him.

> What is Price’s Law?

> 50% of the work is done by the square root of the total number of people who participate in the work.

https://expressingthegeniuswithin.com/prices-law-and-how-it-...

https://entreresource.com/prices-law/

Re: Twitter in chaos as employees accept Musk’s invitation to quit their jobs

#434

Post by shagie »

AustinDev wrote: post #107
gambiting wrote: post #89

Earlier quoted context omitted.

I very much doubt that. Twitter must have had some bloat, but there's no way that 80% of the workforce was bloat. I'd be extremely surprised if Twitter(as in, the website/app, not the registered legal entity) still exists and works by the end of this year.

I'd take that bet. 1BTC?

Linked elsewhere in this thread - https://polymarket.com/market/will-twitter-report-any-outage...

And no, I don't gamble on events or crypto.

Re: Twitter in chaos as employees accept Musk’s invitation to quit their jobs

#435

Post by shagie »

throw0101c wrote: post #24
giaour wrote: post #13

At this point, I'm kinda wondering if Musk's deal to finance the Twitter acquisition included some Brewster's Millions -style clause where he gets to keep the company and the $44B if the company goes bankrupt within 90 days.

For anyone not familiar, this movie is worth checking out: > Monty Brewster is a Minor League Baseball pitcher with the Hackensack Bulls. He and his best friend, Spike Nolan, the Bulls' catcher, are arrested after a post-game bar fight. A man offers to post their bail if they will come to New York City with him. At the Manhattan law office of Granville & Baxter, Brewster is told that his recently deceased great-uncle…

Looking this up, there's an older 1945 version of it too... and that's based on a book written in 1902... and there have been a lot of adaptations of it since.

https://en.wikipedia.org/wiki/Brewster%27s_Millions

Most recently it appears to be a popular theme in China and India.

And that goes back further to the The Million Pound Bank Note by Mark Twain.

https://en.wikipedia.org/wiki/The_Million_Pound_Bank_Note

Re: Twitter in chaos as employees accept Musk’s invitation to quit their jobs

#436

Post by kerbs »

grogenaut wrote: post #169
rem7 wrote: post #109

In my opinion Elon miscalculated the type of people at Twitter. These aren’t people like the ones in Tesla or SpaceX where there is some sort of idealization of Elon. The number of fan boys he has at Twitter must be super low. None of the Twitter employees signed up to work for him, it’s pretty obvious from the public tweets that most of the staff has posted that they don’t have much respect for him. On top of that,…

There's also no clarity on what the upside is "stock like spacex and tesla"... rockets are Long on investing and the future. Twitter isn't even close to on that time horizon. If I was asked to stay to build 2.0 I'd want to know what the plan was and how my equity compensation was going to work in real terms. Especially since months prior I would get equity and could sell it in immediate compensation and now I'm back…

They still have their equity grants that will vest each quarter as they would before. The difference is they are vesting a cash value equal to the price-per-share of when it was bought.

If you happen to be hitting your cliff soon, that is the only case you might be going down to base only.

Re: Twitter in chaos as employees accept Musk’s invitation to quit their jobs

#437

Post by disqard »

chasd00 wrote: post #176
KVFinn wrote: post #62

Did Musk describe 'Breakthrough Twitter 2.0' in a separate message that hasn't been made public? "Stay at Twitter because we're moving to 80 hour work weeks and cancelling Christmas" can't be the argument by itself, right? It's got to be something like "Stay at Twitter because we're building exciting new project X, but we'll need 80 hour work weeks to pull this off..."

yeah if there's no roadmap or direction then what are they doing differently than before? heh just spending the extra 40hrs twiddling their thumbs in the office in the middle of the night? like what exactly does Musk plan to do with that extra effort? I've said it before, Twitter is a cancer and no one is immune. It certainly got a hold of Musk, I hope it's not his downfall but it's not out of the realm of possibilit…

Jaron Lanier wrote about how this cancer exerted an eerily similar effect on the formerly-distinct personalities of Trump, Musk, and Kanye.

https://web.archive.org/web/20221112000701/https://www.nytim...

Re: Twitter in chaos as employees accept Musk’s invitation to quit their jobs

#438

Post by jurassic »

d0mine wrote: post #422
lancesells wrote: post #317

Earlier quoted context omitted.

An addicted twitter toll with 100m followers starts talking shit about the place you work, purchases a lot of shares, decides to join the board, decides to not join the board, talks more shit, decides to just buy the company, changes his mind and backs out of the deal, talks more shit, changes his mind and buys the company, introduces new features without much thought, releases new features without much thought, turn…

It is representative of how he is shown on HN. Judging by other things discussed on HN that I do understand well, it is likely highly inaccurate picture. It reminds me of Knoll’s law of media accuracy: “everything you read in the newspapers is absolutely true, except for the rare story of which you happen to have firsthand knowledge” and especially The Gell-Mann amnesia effect https://effectiviology.com/knolls-law/#T…

Hundreds (thousands?) of engineers opting for the severance package despite all the gloomy news about layoffs suggests this negative picture is fairly accurate.

Re: Twitter in chaos as employees accept Musk’s invitation to quit their jobs

#439

Post by grogenaut »

kerbs wrote: post #436
grogenaut wrote: post #169

Earlier quoted context omitted.

There's also no clarity on what the upside is "stock like spacex and tesla"... rockets are Long on investing and the future. Twitter isn't even close to on that time horizon. If I was asked to stay to build 2.0 I'd want to know what the plan was and how my equity compensation was going to work in real terms. Especially since months prior I would get equity and could sell it in immediate compensation and now I'm back…

They still have their equity grants that will vest each quarter as they would before. The difference is they are vesting a cash value equal to the price-per-share of when it was bought. If you happen to be hitting your cliff soon, that is the only case you might be going down to base only.

Okay I can't unpack that.

I think that you are saying that if you had future vests that will turn into shares at the aquisition price ($53/share or somthing). But only your remaining outstanding vests exist.

I have no idea how far out twitter gave shares. Amazon does them to 3 years. So everyone who remains at twitter has some amount of time till they run out of all veests, depending on comp the latter vests may be big or small.

They all still go to base only and my point still stands tho they'd have till near when my final vests were coming up to tell me WTF my comp looked like.

Re: Twitter in chaos as employees accept Musk’s invitation to quit their jobs

#440

Post by sokoloff »

shagie wrote: post #433
sokoloff wrote: post #171

Earlier quoted context omitted.

That's not what the Pareto Principle says, when reasonably applied to the engineering department [or employees in general] at Twitter. It says that 80% of the results come from 20% of the sources. That's not 8/10 people are doing nothing, but rather 8/10 people are doing things that only contribute to 20% of what makes Twitter Twitter. On any given team of ten, it's likely that the entire team is in either the 80 or…

Price's Law works better there. > Derek de Solla Price, a British physicist, historian of science, and information scientist, discovered something about his peers in academia. He noticed that there were always a handful of people who dominated the publications within a subject. Price recognized a pattern which was later named after him. > What is Price’s Law? > 50% of the work is done by the square root of the total…

They’re getting at two different things: Pareto is getting at whether the work should be done at all; Price is getting at who does the work that gets done. Both are reasonable lenses to consider.
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