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He can go around now saying that he forced Elon to buy the company by not backing down, for a price premium during a recession, no less. He has his generous sev

He can go around now saying that he forced Elon to buy the company by not backing down, for a price premium during a recession, no less. He has his generous severance package and will walk into his next job very comfortably, I'm not sure why you think there is a downside here.

theonething 4y ago
> Agrawal, Segal, and Gadde were shuttled from the building after being fired, people familiar with the matter told The Washington Post. Well, that doesn't seem like an upside to me, but that's just me. > He can go around now saying that he forced Elon to buy the company by not backing down Are you or anyone impressed by this?
- Volundr 4y ago
  >> He can go around now saying that he forced Elon to buy the company by not backing down > Are you or anyone impressed by this? I mean he produced shareholder value by getting the richest man in the world to by the company for a huge premium... There are certainly plenty of CEOs who have done worse who are having no trouble finding work today.
  - theonething 4y ago
    Elon handed this to him, he initiated it in the first place after all. And the court sided with Twitter to follow through because Musk obligated himself. Even this huge premium you guys are so impressed with was set by Musk. Parag had nothing to do with the price. And before this, what commendable things did Parag do at Twitter? This was just a lucky break for him. Not impressive at all. At best an unforced error on Musk's part.
- superchroma 4y ago
  Moments of inconvenience in exchange for a huge golden parachute, damn, what a hard life.
  - theonething 4y ago
    Point is he was involuntarily fired in an unceremonious and embarrassing way on Musk's first day on the job. Based on his track record at Twitter, he deserved to be fired. You're making that out to be such a great thing that he got fired because he gets a huge severance. Big deal. CEOs all over get huge severances for doing shit. Look at Mayer leaving Yahoo. At least she didn't get fired though. Anyone with half a brain in his situation would have done what he did. It was obvious common sense to go to court with Musk. And the case was a slam dunk against Musk because of Musk , not Parag. He didn't make any brilliant moves. He just had to show up to court with Twitter's lawyers. What would be impressive is if he deserved to stay on the company and worked with Musk to turn it around. But he didn't deserve it because he did squat for Twitter. Only thing he did was catch a lucky break at the end. No, it's not a hard life at all, but not impressive at all either.
    - Bubble_Pop_22 4y ago
      > but not impressive at all either. The amount of consumption that Parag will be able to do with his golden parachute is very impressive tho.
      - theonething 4y ago
        Impressive in the same way a person is impressed with a lottery winner.
- TheOsiris 4y ago
  > Are you or anyone impressed by this? absolutely, and so should you. he made all the shareholders a massive amount of money. not just that but he got them the best outcome possible. he should be celebrated
  - theonething 4y ago
    I'm not. Elon initiated the buyout. Yes, Parag went to court with Musk, but that's not a brilliant move, that is common sense. Anyone in his situation would have done that. The court sided with Twitter not because of anything Parag did. It was simply because legally, Musk was obligated. Without Elon's initiation, nothing like this could ever have happened. Had nothing to do with Parag. He was just there. And before this, I'm not so impressed with what he's done with Twitter in his tenure.
    - iamgopal 4y ago
      Usually that’s what CEO does. They make it happen. I think all of HN approximately know how to start electric car company and beat Tesla, but would anyone be able to execute that plan ? Probably not.

theonething 4y ago

> Agrawal, Segal, and Gadde were shuttled from the building after being fired, people familiar with the matter told The Washington Post. Well, that doesn't seem like an upside to me, but that's just me. > He can go around now saying that he forced Elon to buy the company by not backing down Are you or anyone impressed by this?

Volundr 4y ago
>> He can go around now saying that he forced Elon to buy the company by not backing down > Are you or anyone impressed by this? I mean he produced shareholder value by getting the richest man in the world to by the company for a huge premium... There are certainly plenty of CEOs who have done worse who are having no trouble finding work today.
- theonething 4y ago
  Elon handed this to him, he initiated it in the first place after all. And the court sided with Twitter to follow through because Musk obligated himself. Even this huge premium you guys are so impressed with was set by Musk. Parag had nothing to do with the price. And before this, what commendable things did Parag do at Twitter? This was just a lucky break for him. Not impressive at all. At best an unforced error on Musk's part.
superchroma 4y ago
Moments of inconvenience in exchange for a huge golden parachute, damn, what a hard life.
- theonething 4y ago
  Point is he was involuntarily fired in an unceremonious and embarrassing way on Musk's first day on the job. Based on his track record at Twitter, he deserved to be fired. You're making that out to be such a great thing that he got fired because he gets a huge severance. Big deal. CEOs all over get huge severances for doing shit. Look at Mayer leaving Yahoo. At least she didn't get fired though. Anyone with half a brain in his situation would have done what he did. It was obvious common sense to go to court with Musk. And the case was a slam dunk against Musk because of Musk , not Parag. He didn't make any brilliant moves. He just had to show up to court with Twitter's lawyers. What would be impressive is if he deserved to stay on the company and worked with Musk to turn it around. But he didn't deserve it because he did squat for Twitter. Only thing he did was catch a lucky break at the end. No, it's not a hard life at all, but not impressive at all either.
  - Bubble_Pop_22 4y ago
    > but not impressive at all either. The amount of consumption that Parag will be able to do with his golden parachute is very impressive tho.
    - theonething 4y ago
      Impressive in the same way a person is impressed with a lottery winner.
TheOsiris 4y ago
> Are you or anyone impressed by this? absolutely, and so should you. he made all the shareholders a massive amount of money. not just that but he got them the best outcome possible. he should be celebrated
- theonething 4y ago
  I'm not. Elon initiated the buyout. Yes, Parag went to court with Musk, but that's not a brilliant move, that is common sense. Anyone in his situation would have done that. The court sided with Twitter not because of anything Parag did. It was simply because legally, Musk was obligated. Without Elon's initiation, nothing like this could ever have happened. Had nothing to do with Parag. He was just there. And before this, I'm not so impressed with what he's done with Twitter in his tenure.
  - iamgopal 4y ago
    Usually that’s what CEO does. They make it happen. I think all of HN approximately know how to start electric car company and beat Tesla, but would anyone be able to execute that plan ? Probably not.