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Elon is his one of his new bosses, I would take anything the CEO says with a grain of salt.
by JamesAdir 5y ago
Elon is his one of his new bosses, I would take anything the CEO says with a grain of salt.
- andrew_ 5y agoI give his tenure as CEO 6 months at most before he's forced out by the board, or resigns for ideological differences. The changing wind that Elon is going to usher in is going to be fundamental and sweeping, and I wouldn't be surprised to see an exodus of employees follow.
- woah 5y agoI heard he's going to bring in the ability to edit other user's tweets, as we've been asking for for years
- peanuty1 5y agoParag was extremely lucky to have been appointed CEO despite his lack of qualifications. He's only ever worked at Twitter and was appointed CTO before ever holding a management position. He's not going anywhere because he won't get as lucrative of a gig anywhere else.
- bruhbruhbruh 5y agoThis type of career progression interests me. What type of internal politics did Parag have to maneuver to be appointed to these high profile roles? As someone with C-level career aspirations, it makes me wonder if I'm not cut out for the politics. I'm not Machiavellian. Can people make it to C-suite via merit alone?
- jackblemming 5y agoNo merit alone doesn’t work. You absolutely need to be both charismatic and that guy who’s constantly asking their boss what they can do for promotions or more money. Bonus points if you’re tall. That’s pretty much it.
- pempem 5y agoBeing male doesn't hurt.
- rajin444 5y agoYes, being tall and assertive is more common among males. What point are you trying to make?
- lhnz 5y agoHis point is that a tall and assertive woman would be less likely to be made CEO than her male contemporary.
- pempem 5y agoThanks :) that is in fact my point! https://hbr.org/2016/04/if-theres-only-one-woman-in-your-candidate-pool-theres-statistically-no-chance-shell-be-hired https://hbr.org/2016/04/if-theres-only-one-woman-in-your-can... There are more CEOs of large U.S. companies who are named David (4.5%) than there are CEOs who are women (4.1%) — and David isn’t even the most common first name among CEOs. (That would be John, at 5.3%.)
- rajin444 5y agoAre we able to construct experiments to test this? I’m not sure how that’s possible given the confounds we don’t have the ability to control for (genetics being a huge one). Looking at group level statistics can’t provide a definitive answer due to this. If you have some links that prove otherwise I’d love to see them!
- woah 5y agoMultiple times, I've seen inoffensive personalities be internally promoted to C level positions ahead of more politically savvy (and often more effective) candidates. This often takes place after the departing executive has a strong personality or leaves for contentious reasons. Everyone wants someone nice and trustworthy and unambitious to take over so that the organization can heal. I'm guessing this is what happened at Twitter. How to maneuver into this position? Maybe you could get hired to an important role at an organization with an unstable CEO, and make sure that you are friends with everyone and don't piss anyone off. Then wait for the CEO to lose their shit completely.
- tag2103 5y ago'He's not going anywhere because he won't get as lucrative of a gig anywhere else.' He probably won't have much of a choice in the matter
- KingOfCoders 5y agoThis reminds me of a startup I've worked for, CEO highly praised new board member ("[..] worked hard for months to get him on board [..]") in all hands meeting, 2 weeks later CEO essentially was out.
- ikiris 5y agoIt’s how a lot of companies die to raiders.
- AustinDev 5y agoAn employee exodus from Twitter would only be a good thing in my eyes. They're all too ideological from my experience.
- beaconstudios 5y agoThe company will still be ideological, but will simply follow Musk's ideology. Whether that's good or not depends on if you agree with him - I don't.
- cjbgkagh 5y agoWhat goes around comes around. If Twitter wasn't so ideological to begin with then Musk may not have decided to meddle. I personally would like companies to be less ideological in general. EDIT: By less ideological I mean less interference on behalf of an ideology. Allowing all legally covered free speech would be the minimum interference possible by a company but not necessarily the maximally profitable position. Some interference may actually be a good thing - I think many companies have gone too far. My problem with companies being ideological is that they are signaling a willingness to interfere that invites substantial pressure from third parties to do so which can cut both ways.
- somebehemoth 5y agoIs the argument that Musk will make Twitter less ideological? My assumption is that he’ll push for his own ideology. If so, nothing gets better unless you happen to agree with Musk’s ideology. If nothing gets better we’ve traded one echo chamber for another.
- stale2002 5y ago> the argument that Musk will make Twitter less ideological Well musk seems to want Twitter to follow the principles of open and free discourses with less moderation. So it seems like there will be less forced top down moderation.
- beeboop 5y ago
- TameAntelope 5y agoAh, the evergreen prediction of Twitter’s impending demise. The best part is that one say it will be true, and all of the folks who’ve been saying this for decades will get proven right. It’s the safest prediction in the world, to say something will end.
- beeboop 5y ago
- jimmyjazz14 5y agoI mean in some ways twitter did die ages ago in that its user base has stagnated over the years and its relevance has dropped outside of a certain powerful minority of users.
- phatfish 5y agoThe "powerful" users (like Musk) are it's relevance. Tweets are quoted more than ever as the primary source of information when they are know to be "official" accounts, or owned by a specific person of interest. Embedded Tweets on a news website might not be a great way to get ad-views, but those accounts give it relevance beyond the users who actually interact by commenting.
- TameAntelope 5y agoI expect Matt Levine’s take will amount to some version of this; Elon Musk uses Twitter to make a lot of money via his various market manipulations, one risk to that is Twitter doing something to make those market manipulations harder, so a way of mitigating those risks is to buy as much of Twitter as possible to get as much of a say as possible, in an effort to prevent that from happening. Surely Elon has made $3bn off of Tweets by now, it makes perfect sense for him to spend some of that as a way of protecting future additional earnings, both for him and the various companies he runs that also make money off of Elon’s tweets.
- deleted 5y ago[deleted]
- sdfgdf 5y ago
- LudwigNagasena 5y agoHe has 9%, not 90%.
- hintymad 5y agoElon is just one of the board directors. I was wondering why people believe that he will have such sweeping power to change Twitter.
- kilroy123 5y agoThat's what I'm thinking. Though he could likely, publicly get support you voting out other members.
- keithwhor 5y agoDepends on how much the rest of the board really feels like arguing with Elon. Keep in mind these people have jobs outside of Twitter. https://investor.twitterinc.com/corporate-governance/board-of-directors/default.aspx https://investor.twitterinc.com/corporate-governance/board-o...
- JamisonM 5y agoI guess there is a high probability that he will drag boardroom disagreements out into the open, so in that sense they will have to "argue" with him. In general boards vote to settle things and then it is settled, they are not supposed to be arguing indefinitely - the chair calls the question and the matter gets settled. Can Musk keep his board seat? That is my question, being an unruly character when you don't have full control usually gets you turfed from a board for violating confidences pretty quickly, but IDK.
- tempnow987 5y agoTwitter was up 20%+ based on his arrival. That is valuable to everyone. He is the largest shareholder.
- JamisonM 5y agoSorry, I don't understand how this reply relates to my comment. Are you saying that the price bump will keep him on the board? The fear of a drop will keep him on the board? I can see that, but in the long run the valuation shouldn't be affected unless he is actually a good member of the board.
- AnimalMuppet 5y ago> The changing wind that Elon is going to usher in is going to be fundamental and sweeping... Could you be a bit more specific? What direction do you think the change will be in?
- sytelus 5y agoWhy do you think he can do that as just one member of the whole board?
- richardfey 5y agoWhat changing wind could Elon Musk usher?
- DoingIsLearning 5y agoI also don't follow. I get that there is a halo effect around Musk's 'Iron-Man' persona. Nevertheless, he is still a minority shareholder. How much power can he really have at board level?
- hackernewds 5y agoNot to mention he doesn't have the political capacity / capital or the history as Jack at Twitter