3 ms·

Ask the people at Twitter..

by raw_anon_1111 8mo ago

JumpCrisscross 8mo ago
> Ask the people at Twitter The ones with stock options in, now, SpaceX?
- sroussey 8mo ago
  Poor SpaceX employees whose options got diluted by Twitter. :/
- raw_anon_1111 8mo ago
  Stock options aren’t magic. I bet you that the remaining Twitter employees won’t see a higher comp than equivalent employees at BigTech companies between their cash + RSUs when SpaceX IPOs. Aren’t employees also subject to a lock out period where they still can’t sell their stock until $x number of months after an IPO unlike employees of public companies that can sell as soon as they vest? Honest question, I’ve worked for public $BigTech but haven’t been at a company pre IPO
  - htrp 8mo ago
    180 day lockup period is standard
- rconti 8mo ago
  No, the ones suing his ass.
cladopa 8mo ago
You mean the 80% of the workforce that was fired and the company continued running just fine? Usually just firing 3 to 5% of any company workers have terrible consequences for the company that does it. It does not speak so well about the workers.
- mattbillenstein 8mo ago
  He also cut 80% of the traffic... And the fact that it kept running with him willy nilly pulling network cables is a credit to the work they did to make it resilient to failure.
  - iknowstuff 8mo ago
    Source on pre/post traffic numbers?
    - mattbillenstein 8mo ago
      I don't have it at hand, but if you look at all the products and apis they cut - and then all the users who abandoned it in the first few months, I think that's how this was derived.
- watwut 8mo ago
  It was significantly worst, could not keep ads, became overrun by bots. The quality went down significantly. And earnings too.
- keeda 8mo ago
  I don't understand this take. Do people think engineers go in to work to turn handcranks to keep the machines running? It's actually a credit to the automation built by the engineers he fired that it kept running! At the time I joked that like Chaos Monkey, we should have an "Elon Monkey" to "fire" arbitrary people by sending them on mandatory vacations with no connectivity to see what falls over.
  - spullara 8mo ago
    the people that built the infrastructure that runs twitter left before he showed up. most of it was written by a half dozen people that left around 2016.

Ask the people at Twitter..

JumpCrisscross 8mo ago

> Ask the people at Twitter The ones with stock options in, now, SpaceX?

sroussey 8mo ago
Poor SpaceX employees whose options got diluted by Twitter. :/
raw_anon_1111 8mo ago
Stock options aren’t magic. I bet you that the remaining Twitter employees won’t see a higher comp than equivalent employees at BigTech companies between their cash + RSUs when SpaceX IPOs. Aren’t employees also subject to a lock out period where they still can’t sell their stock until $x number of months after an IPO unlike employees of public companies that can sell as soon as they vest? Honest question, I’ve worked for public $BigTech but haven’t been at a company pre IPO
- htrp 8mo ago
  180 day lockup period is standard
rconti 8mo ago
No, the ones suing his ass.

cladopa 8mo ago

You mean the 80% of the workforce that was fired and the company continued running just fine? Usually just firing 3 to 5% of any company workers have terrible consequences for the company that does it. It does not speak so well about the workers.

mattbillenstein 8mo ago
He also cut 80% of the traffic... And the fact that it kept running with him willy nilly pulling network cables is a credit to the work they did to make it resilient to failure.
- iknowstuff 8mo ago
  Source on pre/post traffic numbers?
  - mattbillenstein 8mo ago
    I don't have it at hand, but if you look at all the products and apis they cut - and then all the users who abandoned it in the first few months, I think that's how this was derived.
watwut 8mo ago
It was significantly worst, could not keep ads, became overrun by bots. The quality went down significantly. And earnings too.
keeda 8mo ago
I don't understand this take. Do people think engineers go in to work to turn handcranks to keep the machines running? It's actually a credit to the automation built by the engineers he fired that it kept running! At the time I joked that like Chaos Monkey, we should have an "Elon Monkey" to "fire" arbitrary people by sending them on mandatory vacations with no connectivity to see what falls over.
- spullara 8mo ago
  the people that built the infrastructure that runs twitter left before he showed up. most of it was written by a half dozen people that left around 2016.