3 ms·

I mean -- do you want him to sell when the price is low?

by stets 3y ago

visarga 3y ago
yes, but he probably caused the price to rise for his own benefit
- jmilloy 3y ago
  The rise in price is a signal that investors think this was a benefit to the company as a whole.
  - bradjohnson 3y ago
    The rise in price really just means that people think they can cash out even higher. If it was already overvalued, it would still jump because people expect stocks to pump during layoffs. We should stop acting like this reflects a large increase in the inherent value of Spotify, it's just another speculative market. Tech is particularly bad for this.
- stets 3y ago
  If he had the power to raise the price on-demand, he'd do so all of the time since he owns stock and might even have performance bonuses tied to stock price. I highly doubt layoffs are execs sitting in a room scheming to make money but more likely they are trying to keep the company alive.
  - bradjohnson 3y ago
    > If he had the power to raise the price on-demand, he'd do so all of the time I can also light my couch on fire to warm the living room but that doesn't mean I should. Short term jumps are fairly predictable if you're calling the shots. Doesn't mean that you can do them indefinitely or without cost.
galleywest200 3y ago
Maybe the CFO can take one for the team, just once. Maybe cut their own pay to keep a few employees around instead of laying them off. Just a little selflessness, as a treat.
- dboreham 3y ago
  That's not the nature of a CFO.
  - lantry 3y ago
    "the nature of a CFO" makes it sounds like some kind of mystical force. It's not! it's just humans making decisions. They can choose to be greedy or not.
    - idontpost 3y ago
      [dead]
    - caditinpiscinam 3y ago
      The distinction here is the nature of a CFO as an individual vs a CFO as a role. It's true that individuals ultimately have control over whether to be greedy or not, but if individuals who are averse to greed aren't encouraged or allowed to become CFOs, then the CFO as a role loses the ability to make that choice.
- stets 3y ago
  Your comment makes more sense read in a sarcastic tone
deleted 3y ago
[deleted]

I mean -- do you want him to sell when the price is low?

by stets 3y ago

I mean -- do you want him to sell when the price is low?

visarga 3y ago

yes, but he probably caused the price to rise for his own benefit

jmilloy 3y ago
The rise in price is a signal that investors think this was a benefit to the company as a whole.
- bradjohnson 3y ago
  The rise in price really just means that people think they can cash out even higher. If it was already overvalued, it would still jump because people expect stocks to pump during layoffs. We should stop acting like this reflects a large increase in the inherent value of Spotify, it's just another speculative market. Tech is particularly bad for this.
stets 3y ago
If he had the power to raise the price on-demand, he'd do so all of the time since he owns stock and might even have performance bonuses tied to stock price. I highly doubt layoffs are execs sitting in a room scheming to make money but more likely they are trying to keep the company alive.
- bradjohnson 3y ago
  > If he had the power to raise the price on-demand, he'd do so all of the time I can also light my couch on fire to warm the living room but that doesn't mean I should. Short term jumps are fairly predictable if you're calling the shots. Doesn't mean that you can do them indefinitely or without cost.

galleywest200 3y ago

Maybe the CFO can take one for the team, just once. Maybe cut their own pay to keep a few employees around instead of laying them off. Just a little selflessness, as a treat.

dboreham 3y ago
That's not the nature of a CFO.
- lantry 3y ago
  "the nature of a CFO" makes it sounds like some kind of mystical force. It's not! it's just humans making decisions. They can choose to be greedy or not.
  - idontpost 3y ago
    [dead]
  - caditinpiscinam 3y ago
    The distinction here is the nature of a CFO as an individual vs a CFO as a role. It's true that individuals ultimately have control over whether to be greedy or not, but if individuals who are averse to greed aren't encouraged or allowed to become CFOs, then the CFO as a role loses the ability to make that choice.
stets 3y ago
Your comment makes more sense read in a sarcastic tone

deleted 3y ago

[deleted]