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> Because investments should be stable and at least partially reliable as a backup plan - if Tesla goes bankrupt and ceases to exist then not only do you lose a
by noch 6y ago
> Because investments should be stable and at least partially reliable as a backup plan - if Tesla goes bankrupt and ceases to exist then not only do you lose all your Tesla stocks, but you're also out of a job at the same time.
Presumably, a company with Tesla's market cap does not go bankrupt overnight. Even Google, which is no longer the place where the best and brightest want to work, is nowhere near financial decline. Employees, being insiders have plenty of time to prepare for a large company's collapse. (Black Swan events notwithstanding.)
As for investments: I'd much rather trust myself than trust a money manager who's been outperformed by my boss for over a decade.
- EForEndeavour 6y ago> Google, which is no longer the place where the best and brightest want to work Where would I go to verify this claim? It feels vaguely believable to me, but that feeling is likely from reading similar unsourced claims in forums like this one.
- noch 6y ago> Where would I go to verify this claim? Talk to the smartest and most accomplished engineers you can find in San Francisco and comparable locations. Ask them where they want to work. Talk to headhunters. Talking to the most capable and ambitious people is how you find out which way the winds are blowing.
- Grustaf 6y agoBankruptcy is only indirectly related to market capitalisation. Just look at Gamestop.