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Who could've predicted that Linus Sex Tips, a self admitted high school bully who started an onlyfans as a joke, famous for losing his shit on camera and being

by lijok 3y ago

Who could've predicted that Linus Sex Tips, a self admitted high school bully who started an onlyfans as a joke, famous for losing his shit on camera and being careless, has fostered an atmosphere in his one-man-show of a company, which competes with that of Blizzard. He did give up his reigns as CEO. Now he needs to let go of the majority shareholder position and get his ADHD treated. If he does that, stays as CVO and the company stops with the ludicrous daily upload schedule, they may find themselves embracing normal.

Fluorescence 3y ago
I can't believe people like Luke have no equity for decade+ of grind and now CTO. No union, no equity, poorly paid, sweatshop with added sexual harassment. Made all the worse by how regularly he brags about how much money he has while saying he won't spend $100 to fix a review they totally fucked up. Oh and he wants you to come round to his huge new house to do chores on camera "for a video". Yuck.
- FirmwareBurner 3y ago
  >I can't believe people like Luke have no equity for decade+ of grind and now CTO. What leverage does Luke have? He's a CEO only in title, not in experience or qualifications. He went from university, straight to being CTO, purely because he's Linus's high-school friend, without any prior experience in the tech industry engineering trenches. From his WAN show talks, his knowledge about web technologies and SW development seem to be very superficial, limited to what he gathers from talking with the engineers, but no deeper understanding of it, which is weird considering he's the CTO of a video streaming company. Who would hire him to be CTO anywhere else? He's just Linus's henchman at Floatplane, not an actual CTO. It's the deal of his life. Get paid big bucks to be an inflated middle manager, best friend of the CEO. He's not gonna find a better deal with equity anywhere else. >saying he won't spend $100 to fix a review they totally fucked up. Oh and he wants you to come round to his huge new house to do chores on camera "for a video". Yuck. Yeah, that's the fucked up part. Despite now having the lab equipment to do so, he refuses to do due diligence when testing, because that costs extra time and money pleading poverty over 100-500 USD, but has no restraint in flashing his McMansion with heated pool and Porsche Supercar, with plenty of labor on house claimed as tax-writeoffs ("you see tax-man, this heated pool is actually a cooling system for my server which I use for work, and the project is featured in several work videos for the company so it's tottaly a business expense").
  - Fluorescence 3y ago
    I don't follow LMG too closely but I don't think you are being fair. > He went from university, straight to being CTO The CTO of LMG role is pretty recent and not a "in name only" thing. Judging just on that alone, to be C-suite at a $100M company with 100s of employees and no options? Oof, not that common. In terms of experience, he has been the COO of Floatplane, running a dev team and SASS, shipping product for what 6 years or so and that's a more real qualification than most. I've seen him comment sensibly on development. Sure I've seen him not know some things but not enough to ding him. I'm sure he is highly employable now precisely because he does have real world experience in the trenches of something very successful. He is a popular known face and has industry connections. They were basically cofounders and I hope I wouldn't have to explain, here of all places, why it sucks for someone in a startup to take 100% of the equity themselves (Linus and his wife). That goes without saying right? I'm not saying 50:50 but 100:0 is not cool.
    - FirmwareBurner 3y ago
      > to be C-suite at a $100M company with 100s of employees and no options? Oof, not that common. It's not common because he didn't earn that job. It's not like he submitted his resume to Linus and after several rounds of interviews with him and other candidates, Linus decided he's the most experienced and qualified to be CTO, and had to make him an insane offer or he'd go somewhere else. He got the job because he wash his friend. Other people at Floatplane/LMG were responsible for the tech/business grunt work that makes the platform work. He's there to oversee things for Linus. It was a once in a lifetime opportunity for Luke to be CTO/COO out of university without any prior experience. It's not like other tech companies were begging him to be their CTO with zero industry experience and could negociate a better deal with equity than what Linus offered him.
      - 7speter 3y ago
        I thought I saw a video saying Luke applied to be Linus’ camera man during the early days, got the job and convinced Linus he did a good job by having friends and family members comment on early LTT (post breakup with NCIX) how good the camera work was. I didn’t know Luke was Linus’ high school friend…
- Topgamer7 3y ago
  I'm not surprised for a private company. Unless I'm grossly misinformed, it's unusual to give away equity for employees unless you plan on going public.
  - iancmceachern 3y ago
    It's common, it's called an employee owned company. Many founders choose to give their fortune to their employees rather than take it to the grave with them. https://en.m.wikipedia.org/wiki/List_of_employee-owned_companies https://en.m.wikipedia.org/wiki/List_of_employee-owned_compa...
  - danpalmer 3y ago
    I don't know why this was downvoted, this is a good answer. If you're not planning to grow orders of magnitude then it just doesn't mean the same thing. Now for voting control, maybe it makes a bit more sense, and perhaps LMG would do better to be structured as a partnership with multiple voting partners – a structure that works well for some types of small business. That's very different to tech company equity though.
smcleod 3y ago
Please don’t degrade a huge portion of the population (with ADHD) like that. Making such statements spreads fear, mistrust and misunderstanding.
- lijok 3y ago
  I have no idea where you got me degrading people with ADHD from
  - smcleod 3y ago
    You used it as part of your insults towards him which in turn can make people feel like they're within a group of people that others do not like, understand or see as having or being 'problem'. Your wording also suggests that people with ADHD that aren't being treated (in a way that you approve of at least) cannot or should not be in CEO positions. Hope that helps.
    - lijok 3y ago
      Insults towards him? Since when is stating for fact someone had ADHD is an insult? You’re reading too much into it, looking for a reason to get upset Every statement I made in my post is fact. None of it is an insult and none of it had anything to do with people with ADHD as a whole
      - 0dayz 3y ago
        Or you aren't reading the room whatsoever. Your comment can be interpreted as anyone with adhd has to get it fixed out in order not to be unhinged. You may not agree but it can be interpreted as such.
        lijok 3y ago
        Anything can be interpreted in any way one chooses. The trick is to assume good intentions and not go reading into things that aren’t there in an effort to get outraged.

by lijok 3y ago

Fluorescence 3y ago

I can't believe people like Luke have no equity for decade+ of grind and now CTO. No union, no equity, poorly paid, sweatshop with added sexual harassment. Made all the worse by how regularly he brags about how much money he has while saying he won't spend $100 to fix a review they totally fucked up. Oh and he wants you to come round to his huge new house to do chores on camera "for a video". Yuck.

FirmwareBurner 3y ago
>I can't believe people like Luke have no equity for decade+ of grind and now CTO. What leverage does Luke have? He's a CEO only in title, not in experience or qualifications. He went from university, straight to being CTO, purely because he's Linus's high-school friend, without any prior experience in the tech industry engineering trenches. From his WAN show talks, his knowledge about web technologies and SW development seem to be very superficial, limited to what he gathers from talking with the engineers, but no deeper understanding of it, which is weird considering he's the CTO of a video streaming company. Who would hire him to be CTO anywhere else? He's just Linus's henchman at Floatplane, not an actual CTO. It's the deal of his life. Get paid big bucks to be an inflated middle manager, best friend of the CEO. He's not gonna find a better deal with equity anywhere else. >saying he won't spend $100 to fix a review they totally fucked up. Oh and he wants you to come round to his huge new house to do chores on camera "for a video". Yuck. Yeah, that's the fucked up part. Despite now having the lab equipment to do so, he refuses to do due diligence when testing, because that costs extra time and money pleading poverty over 100-500 USD, but has no restraint in flashing his McMansion with heated pool and Porsche Supercar, with plenty of labor on house claimed as tax-writeoffs ("you see tax-man, this heated pool is actually a cooling system for my server which I use for work, and the project is featured in several work videos for the company so it's tottaly a business expense").
- Fluorescence 3y ago
  I don't follow LMG too closely but I don't think you are being fair. > He went from university, straight to being CTO The CTO of LMG role is pretty recent and not a "in name only" thing. Judging just on that alone, to be C-suite at a $100M company with 100s of employees and no options? Oof, not that common. In terms of experience, he has been the COO of Floatplane, running a dev team and SASS, shipping product for what 6 years or so and that's a more real qualification than most. I've seen him comment sensibly on development. Sure I've seen him not know some things but not enough to ding him. I'm sure he is highly employable now precisely because he does have real world experience in the trenches of something very successful. He is a popular known face and has industry connections. They were basically cofounders and I hope I wouldn't have to explain, here of all places, why it sucks for someone in a startup to take 100% of the equity themselves (Linus and his wife). That goes without saying right? I'm not saying 50:50 but 100:0 is not cool.
  - FirmwareBurner 3y ago
    > to be C-suite at a $100M company with 100s of employees and no options? Oof, not that common. It's not common because he didn't earn that job. It's not like he submitted his resume to Linus and after several rounds of interviews with him and other candidates, Linus decided he's the most experienced and qualified to be CTO, and had to make him an insane offer or he'd go somewhere else. He got the job because he wash his friend. Other people at Floatplane/LMG were responsible for the tech/business grunt work that makes the platform work. He's there to oversee things for Linus. It was a once in a lifetime opportunity for Luke to be CTO/COO out of university without any prior experience. It's not like other tech companies were begging him to be their CTO with zero industry experience and could negociate a better deal with equity than what Linus offered him.
    - 7speter 3y ago
      I thought I saw a video saying Luke applied to be Linus’ camera man during the early days, got the job and convinced Linus he did a good job by having friends and family members comment on early LTT (post breakup with NCIX) how good the camera work was. I didn’t know Luke was Linus’ high school friend…
Topgamer7 3y ago
I'm not surprised for a private company. Unless I'm grossly misinformed, it's unusual to give away equity for employees unless you plan on going public.
- iancmceachern 3y ago
  It's common, it's called an employee owned company. Many founders choose to give their fortune to their employees rather than take it to the grave with them. https://en.m.wikipedia.org/wiki/List_of_employee-owned_companies https://en.m.wikipedia.org/wiki/List_of_employee-owned_compa...
- danpalmer 3y ago
  I don't know why this was downvoted, this is a good answer. If you're not planning to grow orders of magnitude then it just doesn't mean the same thing. Now for voting control, maybe it makes a bit more sense, and perhaps LMG would do better to be structured as a partnership with multiple voting partners – a structure that works well for some types of small business. That's very different to tech company equity though.

smcleod 3y ago

Please don’t degrade a huge portion of the population (with ADHD) like that. Making such statements spreads fear, mistrust and misunderstanding.

lijok 3y ago
I have no idea where you got me degrading people with ADHD from
- smcleod 3y ago
  You used it as part of your insults towards him which in turn can make people feel like they're within a group of people that others do not like, understand or see as having or being 'problem'. Your wording also suggests that people with ADHD that aren't being treated (in a way that you approve of at least) cannot or should not be in CEO positions. Hope that helps.
  - lijok 3y ago
    Insults towards him? Since when is stating for fact someone had ADHD is an insult? You’re reading too much into it, looking for a reason to get upset Every statement I made in my post is fact. None of it is an insult and none of it had anything to do with people with ADHD as a whole
    - 0dayz 3y ago
      Or you aren't reading the room whatsoever. Your comment can be interpreted as anyone with adhd has to get it fixed out in order not to be unhinged. You may not agree but it can be interpreted as such.
      - lijok 3y ago
        Anything can be interpreted in any way one chooses. The trick is to assume good intentions and not go reading into things that aren’t there in an effort to get outraged.