Earlier quoted context omitted.
Far from having consequences, chapter 11 bankruptcy is actually a very powerful and advantageous financial tool in cases like this. Elon can likely wipe away the $13B+ of debt, get rid of all employee stock obligations, and continue to run the company himself under the temporary observation of a bankruptcy court. Chapter 11 filings are a very common outcome of leveraged buyouts like this one.
Wait what? Don't creditors get control of the company? Specially if the firm went down b/c of the actions of the current mgmt?
Twitter Android app dev fired: Guess it's official now.
161–170 of 219 posts
Re: Twitter Android app dev fired: Guess it's official now.
#162Earlier quoted context omitted.
Nowhere in this thread am I assigning any blame to anyone, so that's just a strawman diversion from the conversation on your part. As for runway – that's public information as well. Twitter had $6B in cash and securities as of the last financial statement release. That has likely gone down a fair amount due to acquisition-related costs as well as severance payments. Keeping up with the ~$2B/yr burn rate, unless Twitt…
Did you forget the $5B/yr they make from advertisers?
They…don’t. Their last quarterly numbers had a hair over $1B in advertising revenue, and that was both a quarterly and year-over-year increase, so they weren’t making more than $4B/year from advertising before Musk took over. Their advance sales were bad for next year because of the potential of the Musk takeover, and big accounts have backed out, and big agencies publicly advised clients to back out of the platform, based on what has gone on since the takeover.
Re: Twitter Android app dev fired: Guess it's official now.
#163Which is it? Can you run Twitter or an alternative basically for free? Or do you need thousands of employees?
I think it is becoming pretty clear pretty quickly that the alternative being run and developed for free doesn’t scale to anywhere near Twitter size at all, that’s one thing that’s for sure.
Re: Twitter Android app dev fired: Guess it's official now.
#164Re: Twitter Android app dev fired: Guess it's official now.
#165He fired another one: https://twitter.com/sachee/status/1592308273071681536?s=46&t... If he fires all the engineers with a bad attitude it’ll just be the product managers left.
> you did not just layoff almost all of infra and then make some sassy remark about how we do batching
>like did you bother to even learn how graphql works
>you don’t get to shit on our infra if you don’t know what the fuck it does while you’re also scrambling to rehire folks you laid off
Her background: https://sashatsolomon.com/
>I'm a Staff Software engineer and co-Tech Lead of the Core API Platform Team at Twitter helping build the next generation API with GraphQL and Scala. I currently serve on the GraphQL Governing Board as a representative of Twitter, as well as on the Technical Steering Committee for GraphQL.
Re: Twitter Android app dev fired: Guess it's official now.
#166Earlier quoted context omitted.
> Definitely a career limiting move, if not potentially career ending. She is already receiving job offers, so how could you possibly come to that ridiculous conclusion?
Of course she’s receiving generous offers from the ‘hurr durr Elon bad’ crowd. The career limitation is that most people just aren’t in that crowd. That doesn’t necessarily mean they’re licking Elons boots, it could also mean they don’t care at all or that they are somewhere in the middle. I’m not in a hiring position but if I were I’d avoid her because I don’t want to import drama into my environment.
Re: Twitter Android app dev fired: Guess it's official now.
#167Re: Twitter Android app dev fired: Guess it's official now.
#168Earlier quoted context omitted.
>It's really an opportunity for the employees to make that a reality. Elon (like his other companies) is going to put the engineers in control. Please, consider investing in some real estate. I have a fantastic property in Brooklyn and it is a deal that you would not believe! Or a less sarcastic response... You mean he'll put them in charge after firing them? Twitter literally barely works right now. I'm not sure how…
Everything he's doing is bringing Twitter inline with how SpaceX and Tesla already operate. It's a massive culture shock/change. Insubordination is not tolerated. Everyone is super mission focused. No one is irreplaceable.
Re: Twitter Android app dev fired: Guess it's official now.
#169Earlier quoted context omitted.
Who thinks they can tell their boss "kiss my ass" and not get fired? > i said it before and i'll say it again > kiss my ass elon
The first line of that tweet reads > lol just got fired for shitposting I think it's okay to say "kiss my ass" after being fired. Especially if you think doing so sends the right signal.
She's been publicly criticising Elon for a few days now, and not in a constructive manner like the Android dev. I can understand why she'd be let go.
Re: Twitter Android app dev fired: Guess it's official now.
#170After seeing Elon mixing up all async services that happen in backend with Android client making as many requests, I wonder if I thought this guy is smart because I know nothing about building cars or launching space rockets. Edit: "guy is smart" probably should be "guy is technically competent". I am sure Elon is smart, I think he is being Phony while acting technically competent in every area.
I still believe that his insistence on only using computer vision for Tesla’s self driving was profoundly wrong. I got my ivy-league graduate degree in a related field right around the time when he probably was making the decision (2015) and it was obvious to everyone around me that we are not even close to having the kind of generic, reliable CV you would need for a car. Obviously, in grant proposals and papers we p…
Which is why Tesla Autopilot struggles with left turns and has been stuck at SAE level two after a decade of work. Hell, Tesla Inc failed to automate their factories much beyond what other automakers already accomplished and that is for single-purpose robots in fixed operating environments. Yet Elon is busy selling shareholders on humanoid Tesla Bots that will be capable of running to the grocery store and getting items off the shelf ... someday.
People with a background in the hard sciences just don't do well when grappling with the soft sciences .