671–680 of 1000 posts
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…
Earlier quoted context omitted.
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)?
Earlier quoted context omitted.
Where is the revolution? There are competitive cars vs tesla for electric. Even if tesla have an edge, it's evolutionary, not at all revolutionary.
Tesla produced the first ICE-equivalent EV sedan that was not merely a "compliance vehicle" in decades. Then, it turned out, people bought them by the hundreds of thousands, single-handedly recreating the market for EVs. Then, other manufacturers noticed, and started realizing they might be left behind if they didn't take EVs seriously. Now, sure, there are many competitors, but even still they have only been built i…
Tesla created the market for high-performance EVs. They did not create the overall EV market. The high-end market is only a small part of the numbers.
Earlier quoted context omitted.
There's an extremely wide chasm between moderating trolls and banning subject experts and even the former president of the USA. It really doesn't matter what you or I think of the president, he was a democratically elected leader of arguably, the most influential nation in the world. Musk claims to be all about freedom of speech. Moderation and freedom of speech are not antithetical to one another. You can downrank o…
> he was a democratically elected leader of arguably, the most influential nation in the world This aspect of the discussion around Twitter constantly baffles me. They have no obligation to offer service to anyone, and they have no obligation to ensure freedom of speech, balanced representation, or any other thing you can think of that would ensure everyone gets a voice. General, universal freedom of speech in the US…
Twitter is not legally obligated to allow free speech but there are other reasons to do something than legal obligation.
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.
Earlier quoted context omitted.
I don't like a world where the only way to assess someone is by how much money they make for investors. That's a bleak reality, so I prefer to act as though a person's behavior matters in the hopes I might create it by force of will. You can recognize the negative with the positive. Anything else is revisionism.
The money they make for investors is a direct measurement of the value they create.
Earlier quoted context omitted.
> I also think the proposal to have Twitter allow all content that is "legal under US law" is a dangerous idea for the platform being a healthy community that most people actually want to participate in. This is key. If @dang suddenly threw up his hands and said "anything goes on HN within U.S. law" this wonderful virtual discussion forum would die and most of us would sign off forever. I say that as someone whose be…
The difference between Twitter and Reddit, hacker news, or 4chan, is that on Twitter you ostensibly only see content from people you follow. If you don’t like the content someone is putting out, you just unfollow them. Twitter is more like email than Reddit in that sense, and no one is arguing for email to be moderated.
Considering that, there are also many different ways you can experience harassment on Twitter. Are these ways solvable with technical solutions? Perhaps. But these are people we're talking about here, not 0s and 1s. You can't solve all people problems with technology. And as parent comments have said, anyone who's been in a position of having to guide a community knows this to be true.
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.
Earlier quoted context omitted.
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.
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…
Where is the revolution? There are competitive cars vs tesla for electric. Even if tesla have an edge, it's evolutionary, not at all revolutionary.
Incidentally, these margins are also far higher than those of ICE manufacturers. For example, Toyota in Q1 had lower operating income than Tesla, despite having 4x the revenue.