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Twitter’s CEO Dick Costolo Is Stepping Down

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201–210 of 272 posts

Re: Twitter’s CEO Dick Costolo Is Stepping Down

#201
post #13

Earlier quoted context omitted.

It's gotta be a weird feeling when getting fired causes your company to gain 1.7B in value.

I'm sure he's getting a nice golden parachute in Twitter stock.

He's getting no compensation from leaving (a golden parachute).

He does have a substantial equity position in Twitter.

Re: Twitter’s CEO Dick Costolo Is Stepping Down

#202
post #162

Earlier quoted context omitted.

Which is wildly successful and doesn't cost us taxpayers a dime. If our "leaders" stopped actively sabotaging the USPS, it could be doing even better.

If it was wildly successful, how did we end up with tons of private competitors with a large market share (FedEx, UPS, DHL, OnTrac, etc). The U.S. Is one of the only countries where the state run postal service isn't sufficient. In Switzerland, for example, there is only the Swiss Post. Most countries, to my knowledge, operate with just one major postal network.

> If it was wildly successful, how did we end up with tons of private competitors with a large market share (FedEx, UPS, DHL, OnTrac, etc).

Because the US Postal Service is viewed as a utility, and required to service every address in the continental US (as well as most of its territories). Fedex, UPS, and other private carriers are under no such obligation, and so can extract profits from the most profitable routes or services, leaving USPS with more less profitable services to provide (first class, bulk mail).

If you don't think the USPS provides a phenomenal service for the price they charge, you're insane. I can send an ounce of paper across a continent for $0.50-$1.09.

Re: Twitter’s CEO Dick Costolo Is Stepping Down

#203

Earlier quoted context omitted.

I'm not sure what you're implying? That he doesn't want to stick around? Jobs didn't take a salary after his return.

My hunch is that Jack won't/can't stick around for three reasons : a) He has another company to save which is in itself a full time job, given how hot the payments space is. b) If Twitter should ultimately (and rather ingloriously) be sold to say a Alibaba or Facebook or (longshots) Microsoft or Google, Jack wouldn't want to be the guy who 'trimmed the fat' and right-sized it for a sale. It wouldn't be good for his p…

Don't forget that the legacy of product chaos started with Jack.

Re: Twitter’s CEO Dick Costolo Is Stepping Down

#204

Earlier quoted context omitted.

I'm sure he's getting a nice golden parachute in Twitter stock.

He's getting no compensation from leaving (a golden parachute). He does have a substantial equity position in Twitter.

Hmm... I was under the impression he had sold a lot (http://www.bloomberg.com/news/articles/2014-12-17/costolo-s-...) and gave up anything that hadn't vested yet (https://twitter.com/sm/status/609095387207434240).

Re: Twitter’s CEO Dick Costolo Is Stepping Down

#205
post #101

Earlier quoted context omitted.

I'm surprised they haven't added something along the lines of docs.twitter.com that allowed Twitter to host/own long form copy but linking to it via short URLs just as they do with photos. Best of both worlds or too fragmented/confusing?

"they" did, it's called Medium (it was founded by @biz & @ev)

Opening a Medium post opens it in the internal browser / Medium app, not the Twitter app.

Re: Twitter’s CEO Dick Costolo Is Stepping Down

#206
post #155

Earlier quoted context omitted.

What's insane about the requirements? They actually have to pay for what they promised?

They have to pre-pay 75 years worth, including future employees

It's not 75 years and it's not for future employees.

http://www.washingtonexaminer.com/unraveling-the-myth-that-t...

Re: Twitter’s CEO Dick Costolo Is Stepping Down

#207
post #182

Earlier quoted context omitted.

How does it differ from uBlock (or, how is it better?)

It's maintained by the original author. The readme is a good place to start researching, but it's not that interesting a topic tbh. https://github.com/gorhill/uBlock/blob/master/README.md

I read this and the wiki page and still have no idea which I should run (usually Chrome / Mac if that matters). I'm using non-Origin right now.

Re: Twitter’s CEO Dick Costolo Is Stepping Down

#208
post #148

Earlier quoted context omitted.

The same ones private corporations are required to follow.

The US doesn't require private corporations to offer a pension at all. If they do voluntarily, it's almost always a 401k. The USPS' pension funding forced on it by a "starve the beast" Congress is much different.

The US gov't sure as hell requires private corporations with pensions to make sure they are fully funded. The pension might be optional, but running an underfunded one is not.

Re: Twitter’s CEO Dick Costolo Is Stepping Down

#209

Earlier quoted context omitted.

It was only wildly successful until our leaders "sabotaged" it by forcing it to obey standard actuarial practices. (Unlike the rest of the govt, the USPS is now required to fully fund it's pension plans.) See this comment for a more detailed explanation: https://news.ycombinator.com/item?id=6710602 Also, it's pretty hard not to be "wildly successful" when you get a legally enforced monopoly. Comcast is also "wildly s…

Yes and no. It's a monopoly that can't charge what it takes to stay afloat. Raising prices or changing delivery schedules requires an act of Congress! No member of Congress wants to have to answer for that, so the price of sending a letter hundreds - if not thousands - of miles, to be hand-delivered remains under one-half of one dollar $USD . THAT IS INSANE. It's been argued, deftly, that even with a decline in volum…

Wait a second. I thought they would be profitable if it weren't for the pension funding? If so, then $0.49 per stamp is high enough.

Re: Twitter’s CEO Dick Costolo Is Stepping Down

#210
I gotta say.. I have been railing against the Twitter tide for a couple of years now and have been against it for a long time but I am a convert.. Speaking from a dev perspective here is really is a stroke of genius software-wise... I know this is a weird thing to say but it's SEXY code, even.. I get excited thinking about how awesome it is! Call me a nerd if you will.
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