3 ms·
Elon is pushing a giant reset button on Twitter. This is long overdue and the pain is a result of accumulated managerial debt. Twitter will be fine operational
by flappyeagle 4y ago
Elon is pushing a giant reset button on Twitter. This is long overdue and the pain is a result of accumulated managerial debt.
Twitter will be fine operationally. It might have some short term hiccups as people pick up the pieces but the network effects and the value proposition are unchanged.
Letting go of these people also makes room for more wild thinkers and hacker types to join the party.
Sometimes the team that got you there isn't the team that can take you to the next level. I feel bad personally for everyone who liked their job, but many of these jobs existed for years longer than they should have.
These are all smart individuals who have a big important company on their CV. No one is going to fault them for being laid off from Twitter when the cuts are this deep; they're already neck deep in recruiter spam if they have any degree of competence.
- ctvo 4y ago> This is long overdue and the pain is a result of accumulated managerial debt. The pain is the result of Elon Musk overpaying 3x for a company he didn't want to buy and aggressively cost cutting to lower expenses. 1 billion a year in debt interest payments due to the 12 billion in loans he took on to purchase Twitter matches reality more closely than "accumulated managerial debt". > Twitter will be fine operationally. I'm unsure how anyone can say this with any confidence. > Letting go of these people also makes room for more wild thinkers and hacker types to join the party. I think I met you at a gathering in SF once and had to walk away from the conversation.
- flappyeagle 4y ago> The pain is the result of Elon Musk overpaying 3x for a company he didn't want to buy If he were put in charge of twitter and paid no money, I don't think his actions would be any different. He's that kind of crazy.