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Twitter, like many tech companies, was composed of a small core worth a small fraction of its valuation plus a large number of speculative bets. It's easy for a
by SpicyLemonZest 2y ago
Twitter, like many tech companies, was composed of a small core worth a small fraction of its valuation plus a large number of speculative bets. It's easy for an owner who doesn't care about the valuation to simply stop doing the speculative bets; it doesn't require any kind of clever employee performance analysis.
- fmajid 2y agoIt’s not that simple, even in a company that was as notoriously mismanaged as Twitter. When he came in with his trusted lieutenants from SpaceX and Tesla, they had some sort of game plan to data mine HR databases, corporate email and so on. If I were to guess, Palantir must be involved somehow. Probably the same playbook they are applying at DOGE right now. In comparison, the “RTO to make people quit so we don’t have to pay severance” model of JPM, Amazon and others is a blunt instrument that is as likely to cause top performers to flee.