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Right now if you're a open company, you have to keep a constant flow of layoffs in order to satisfy the wall street vampires. I don't even blame the CEOs anymo
by elzbardico 4mo ago
Right now if you're a open company, you have to keep a constant flow of layoffs in order to satisfy the wall street vampires.
I don't even blame the CEOs anymore, very few of them have the fortitude or the luxury of even being able to say: "Shut up stupid monkeys, I won't do layoffs to satisfy your urges this quarter, I don't want to fuck the long term value creation ability of this company just because you want a quick orgasm now".
- Kiryous 4mo agoFounders + dual class shares. Founder-CEO is much more likely to say that to investors, especially when the class A share give him 10x voting rights.