5 ms·
It would be nice if revenue and employee count were completely independent. Heck, you could fire everyone except one person and have an incredibly high ratio! (
by tshaddox 4y ago
It would be nice if revenue and employee count were completely independent. Heck, you could fire everyone except one person and have an incredibly high ratio! (Don’t fire that last person or else you’ll get a divide by zero error.)
Interestingly, he’s already tweeting out complaints about a massive drop in revenue. His theory is that this is caused not by his erratic behavior, but instead by activists who hate free speech: https://twitter.com/elonmusk/status/1588538640401018880?s=46&t=QNEepiWyTF8ta616WeeJfA https://twitter.com/elonmusk/status/1588538640401018880?s=46...
- mrits 4y agoI don't understand how anyone could not blame activists for this? They themselves are taking credit for it.
- Kye 4y agoWho is "they"? Activist is an expansive noun that covers every possible viewpoint, so this is meaningless without further qualification. Is it randos on Twitter, or someone with actual clout?
- nwienert 4y agoIPG and ADL both pushing hard to pull advertisements. https://mobile.twitter.com/ggreenwald/status/1588603540569661441 https://mobile.twitter.com/ggreenwald/status/158860354056966... Not to mention there’s countless cases of this happening over the last decade, across payment processors to CDNs.
- deleted 4y ago[deleted]
- jeremyjh 4y agoWere the activists controlling ad spend?
- bsagdiyev 4y agoActivists: take credit Some dude: "it's totally not them!" Why would he not think that?
- tshaddox 4y agoI'll ignore for the moment questions about what "activists" is supposed to mean and whether it refers to a real group capable of making unified decisions. Regardless, it's just not great for leadership to blame a revenue drop on unrelated third parties even if those third parties are working against the company and taking credit for the revenue drop. This isn't like complaining that trolls came in and review bombed your movie on IMDb. Revenue is an actual metric. If the claim is that the revenue numbers are only very briefly down because advertisers are only pulling spend in response to some temporary PR issue, then sure, make that argument.
- bamboozled 4y agoThat tweet really makes me think he has gone paranoid / crazy. “Activists groups pressuring advertisers trying to destroy free speech in America ?” The dude is a conspiracy theorist now ?
- moufestaphio 4y agoYes? He tweeted the Paul Pelosi's gay lover conspiracy last week.
- scottLobster 4y agoIf the last two years have taught us anything, intelligence is not correlated with the ability to believe conspiracy theories.
- bamboozled 4y agoIt's quite troubling, and with little recourse it seems?
- marricks 4y agoTo some extent he actually thinks he can’t do anything wrong except be “too ambitious.” So the more undeniably-short-sighted-flat-out-wrong stuff he does the more logic goes out the window.
- fleddr 4y agoI'm sorry, but on Twitter this is hardly a conspiracy theory, just a normal day. Activists constantly pressure brands, for various reasons.
- epakai 4y agoMusk's prime motivator for purchasing twitter seems to have been ideological. Of course people are going to oppose him on ideological grounds. More succinctly, Musk performed an activist takeover.
- gscott 4y agoTwitter could have let him out of the deal but forced it. This is all on the (now former) board of directors who probably received a nice payout for a new mansion.
- sleepybrett 4y agoHe could have, at any time, just paid the 1bil breakup free.
- epakai 4y agoThat fee was for external factors causing the deal to fail. Musk was already committed. His attempt to walk away was construed as breach of contract, and he would be liable for much more than the fee if that had happened.
- epakai 4y agoThis was not an option with a publicly owned company. For the board members to walk away from this offer would have breached their fiduciary duty. They certainly benefitted as did everyone else with stock.