Bonus Audio: Elon Musk Steps On a Pile of Rakes, Initial Thoughts on Scream 6
Added 2023-03-09 18:25:59 +0000 UTCIn this bonus audio, I share some thoughts about how Elon Musk has possibly self-owned himself out of millions of dollars by being a dick to one of the kindest people in the world. Then starting at around 17:45, I share some initial spoiler-free thoughts on Scream 6. Thanks so much for your support!
PATRONS: You can get this audio in your podcast app by going to patreon.com/davechen, going to the "My Membership" section, and copying and pasting the RSS link to your podcast app.
Links:
- Elon Musk apologies after mocking disabled Twitter employee
- The Cruelty Is The Point
- Haraldur Þorleifsson Sweeps Person of the Year Awards
Comments
Thanks for your moral clarity, David. IMO, you’re connecting the right dots.
John Halski
2023-03-11 21:55:36 +0000 UTCThanks for the context! Very helpful. (Also: let me know if I said anything htat was technically incorrect?)
David Chen
2023-03-09 23:58:41 +0000 UTCJust for anyone who’s curious: typically when we say an acquired founder has different rules about getting fired, it’s because their incentive to stay is not a positive but the absence of a negative. It’s called a “hold back” — money from the sale of their company has been held back by the acquirer on the condition that they stay employed for X years before they release it. Companies do this to hedge against a founder immediately leaving and tanking the whole thing; founders protect themselves in turn by saying “If I am fired for any reason that isn’t extremely well justified, you accelerate that timeline and pay me now.” Presumably, Twitter owes this guy a big percentage of the sale price that was announced in 2021. Elon’s antics might have forced Twitter to pay it early, but by any reasonable measure they will have to pay him either way, unless he quits. And if Elon bullies him into quitting, that’s a lawsuit waiting to happen. Trying to fire and humiliate him is unbelievably stupid of Elon, because he’s essentially guaranteed the guy will be vesting and resting with zero motivation to lift a finger until he’s paid. Which he still will be now, every penny…just a few years later.
Stephen David Miller
2023-03-09 23:53:26 +0000 UTC
