It could be coincidental but I’m not able to watch tweeted videos in the app. If he has managed to mangle the most dominant app of our generation in just a couple of weeks, his contribution to society will be solidified
Assuming he gets this valuation level, which I have serious doubts, I bet he pulls what he did with Solar City and uses Space X to buy millions in Twitter debt.
Looks like they had an earlier round at $125bil. Seems crazy, but who knows. https://archive.ph/mbnaC#selection-3497.0-3513.283
Yea, I could see 125 Billion in May but conditions are far different now. In general I think the private equity space is ripe for a correction.
part of me wants twitter to die just because i think that account user would kill himself if it ceased to exist
Vector sum lmfao he's suuuuuch a try hard. And he's also extremely wrong, because the paper is clearly talking about a nonlinear situation (like a worker being a weird dick and interfering with others' work). You cant just "add terms," like implied by "just a vector sum"
GM. Weird take. Having a smart, motivated team all committed to the culture, and stay with me here, is a good thing.
Hi. Nobody that stays is actually going to be bought into doing 4x the work for the same pay in a complete disaster of a work environment. Have a great day.
I can see this working on poor people in one of his Tesla factories, but these people likely aren't living paycheck to paycheck and most (i assume) come from a generation and type of work that is used to working from home. He's making them go into work and work 80 hours/week to keep their jobs? He's going to have zero employees in no time.
I'm guessing Musk is taking a risk that employees won't quit because Silicon Valley generally is shaving workforce at the moment, and there won't be open jobs to jump to. That being said, this is about the worst example of leadership I have ever seen. True leaders don't lead from threats/strong man tactics, it's literally the shining example of what not to do.
Its exact the opposite of what you’re saying, the people your refer to will take the three month severance - I imagine many will who don’t want to operate under the conditions you describe. The ones who stay will be the real ones
He said Teslas were going to he an appreciating asset bc they'd be part of the fleet when not used. People on this board believed him and argued that his cars would in fact appreciate.
Mgmt defining the new culture, and giving people a generous out if they don’t want to opt-in, is exactly what you’re supposed to do. Giving people a choice isn’t strongman, again the literally the exact opposite of the truth
No offense, but do you have any experience in Senior/Middle Management? Feels like your repeating talking points, but have no functional experience in this area.
Doubt it - low performers know who they are and will take the deal, risking they’ll get pip’ed in a month with a less generous severance
I would hope you treat your employees, with critical institutional knowledge that could leave at a moments notice, better than this. The risk that the organization inherits by holding employees hostage through threats of losing their jobs (severance or not), absolutely outweighs the cost of "lower performing employees", especially in the IT field. The concept that the best teams only have "A players" is a simplistic and comes from people that don't manage people, nor have any experience running big organizations. Those that do will tell you the best teams have a mix of people with vary experiences, levels of knowledge, personality, etc.
What about surveiling the internal slack messages for critical comments about you, and firing those people? Is that what you're supposed to do? How about criticising your own employees and products publicly, on Twitter, and then publicly firing them? Does that build a better culture?
Your last paragraph has become mgmt orthodoxy the last few decades, and really only applies to sleepy companies full of people with email jobs. In reality, companies follow a Pareto distribution. 20% of the people do 80% of the actual work
Speaking of lazy, anyone that references Pareto's in any capacity, doesn't do so from a point of facts. Pareto's is lazily used to prop up arguments where there are no facts or data to back up a position. Best of luck to you and your employees.