4 ms·
Or to put it another way: Interviewee: "What's my upside here?" Elon: "RSUs in this illiquid private company." Interviewee: "Under what circumstances do they
by a4isms 4y ago
Or to put it another way:
Interviewee: "What's my upside here?"
Elon: "RSUs in this illiquid private company."
Interviewee: "Under what circumstances do they become liquid?"
Elon: "We have to first make money above and beyond paying this crushing debt, then we have to have a growth story to sell to the public, then we go public, then you wait out the employee lockout period, and if you're still an employee, you can sell your RSUs."
Interviewee: "So, like, 2-5 years of sleeping in the office to win Survivor Twitter and not get fired, plus I have to depend upon you to steer us to profitability."
Elon: "Exactly. And when it comes to profitability, my favourite tactic is firing people like you."
- halfmatthalfcat 4y agoBeautifully written.