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elon musk fired a employee on twitter and he was offered job by square ,reddit ,uber


Mancode

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7 minutes ago, id_ego_superego said:

$8 tciker entha pani chesindi vaa

insulin company stock ni minginchindhi

nintendo vaadu kooda edustunnadu Mario middle finger choosi

You are looking at immediate and visible effects - put yourself in charge of ad spending at big companies - they will be worried more for future. 

 What if a company ad is run after a sensitive topic ? Possible with all crazy decisions he is making. In this economy, ad spending is gonna go down anyway

 

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my take 

employee played smart here , he will be getting calls for job for sure 

elon gadu built all his business with his father;s money, he is not a self made billionarie like steve jobs , bill gates,warren buffet, and has ego of 14 yr old kid , he could asked the developer to his office and asked where we are going wrong and how to improve it, instead of engaging in this sort of tamasha .....

8$ blue tick is good idea though 

basically 90% of employees will be not working in twitter any more 

50% already fired , 25% contarctors fired too ,80 hr week work hrs ,no wfh ,and free food cancel chesthe 15% kuda elipotharu.,migilthe 10% migltharu.,,,..idu eegalu tolukodame .....telsa batch ni pilichi...cheinchukundam ante .....transition will take some time , even how smart one can be, alopu losses unna twitter untadho pothado evariki erukaa....

90% funds to buy twitter are given by banks and especially saudi royals , they runs deep state ani talk ,theda chesthe kosi thesestharu vallaki ambani aina musk aina okate , modi asuntode jagratha masalkuntudu alladegara , e pilla bacha gadu athi telivitatalu vadithe , aipoinatte brathuku

cc @veerigadu

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16 minutes ago, hunkyfunky2 said:

You are looking at immediate and visible effects - put yourself in charge of ad spending at big companies - they will be worried more for future. 

 What if a company ad is run after a sensitive topic ? Possible with all crazy decisions he is making. In this economy, ad spending is gonna go down anyway

 

anna still he need some kind of financial assistance for next two years to run the twitter

with this maverick business style will he get ads?

with all this bad reputation even after recession is there any one to join twitter? every day he is making some non sense on employees

may be some people may join for money, but those money birds cant be loyal twitter birds who got fired

in your language musk is making long term destruction to twitter brand

he is gelikifying techies, congress, other business,  never know it will extend to other nations too

he already pissed his boss trump in mid term results already irrespective of his support tweet

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42 minutes ago, Katravelli said:

Doesn't matter I am very sure Elon will be arrested soon

Given his eccentric nature, sure.. one or the other day, he will piss off someone in power big time… 

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  • Mancode changed the title to elon musk fired a employee on twitter and he was offered job by square ,reddit ,uber
7 minutes ago, id_ego_superego said:

anna still he need some kind of financial assistance for next two years to run the twitter

with this maverick business style will he get ads?

with all this bad reputation even after recession is there any one to join twitter? every day he is making some non sense on employees

may be some people may join for money, but those money birds cant be loyal twitter birds who got fired

in your language musk is making long term destruction to twitter brand

he is gelikifying techies, congress, other business,  never know it will extend to other nations too

he already pissed his boss trump in mid term results already irrespective of his support tweet

He is forced to buy Twitter - that too what turned out to be 4 times the market price . He is desperate to save money. 

He is trying to make enough people leave - in his view Twitter needs very few employees ... His quote is Tesla self driving division has 150 employees, so Twitter doesn't need thousands of engineers.

There are real talented people managed by awesome managers - who might be telling them- just wait and have patience ... In any other time, entire teams would have been poached by other companies.. Twitter skillet is relevant for any silicon valley company.  But times are different... 

Few of top talent will leave , but Elon hopes enough people will stay... If not, he can bring in fresh blood. 

 

 

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47 minutes ago, hunkyfunky2 said:

Say that too Tesla, SpaceX employees... Thousands of them.  They are all super rich 🤑.

Agree last few days really pulled Elon true colors out... He certainly made enough people to hate him or question his management style.  

It doesn't go well for other corporate America and advertisers. He is like an uncontrolled monkey. 

$8 for blue tick will go down in the history as blunder of blunders. They scrambled to stop people from abusing and kicked out so many accounts. 

Many of the managers with micro management working style are a-holes… even Steve Jobs was like that..  but these things don’t come out bcoz they don’t discuss these things in public.. I used to report to a senior level VP like this… he was very tough to work with (a-hole).. but he was really amazing talent, knows in and out of a 50-70 applications in his org and knows who is doing what… really did great things before he moved on to become a CTO at another company… the org revenue multiplied by the time he left.. 

reg the blue tick - there is a reason why every feature is thought through, developed, tested and slowly released from small set of users to larger set of users.. you can’t just push a feature without understanding the consequences.. it is a blunder.. 

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13 minutes ago, Mancode said:

my take 

employee played smart here , he will be getting calls for job for sure 

elon gadu built all his business with his father;s money, he is not a self made billionarie like dteve jobs , bill gates,warren buffet, and has ego of 14 yr old kid , he could asked the developer to his office and asked where we are going wrong and how to improve it, instead of engaging in this sort of tamasha .....

basically 90% of employees will be not working in twitter any more 

50% already fired , 25% contarctors fired too ,80 hr week work hrs ,no wfh ,and free food cancel chesthe 15% kuda 10gestharu.,migilthe 10% migltharu.,,,..idu eegalu tolukodame .....telsa batch ni pilichi...cheinchukundam ante .....transition will take some time , even how smart one can be, alopu losses unna twitter untadho pothado evariki erukaa....

90% funds to buy twitter are given by banks and especially saudi royals , they runs deep state ani talk ,theda chesthe kosi thesestharu vallaki ambani aina musk aina okate , modi asuntode jagratha masalkuntudu alladegara , e pilla bacha gadu athi telivitatalu vadithe , aipoinatte brathuku

cc @veerigadu

elon musk is definitely much smarter than the avg ceo, which is the problem.

He's just a micromanager who wants to take credit for things he has only a working knowledge of. It may piss off some, but others who get paid for their work won't give a fcuk. Its not like other ceos are great to work for.

 

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3 minutes ago, hunkyfunky2 said:

He is forced to buy Twitter - that too what turned out to be 4 times the market price . He is desperate to save money. 

He is trying to make enough people leave - in his view Twitter needs very few employees ... His quote is Tesla self driving division has 150 employees, so Twitter doesn't need thousands of engineers.

There are real talented people managed by awesome managers - who might be telling them- just wait and have patience ... In any other time, entire teams would have been poached by other companies.. Twitter skillet is relevant for any silicon valley company.  But times are different... 

Few of top talent will leave , but Elon hopes enough people will stay... If not, he can bring in fresh blood. 

 

 

i highly doubt

magic works in one place at a time

if we try to replicate the magic everywhere then we are the fools

car company is not social media company where it needs lot of moderation

wherever large consumer is there larger employee force needed before it go out of hand

dont compare telsa consumers count with twitter consumers count

dont applying same formula

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39 minutes ago, id_ego_superego said:

show some sympathy on fellow techie who lives like you

what you get by supporting musk? not even free tesla

I have sympathy on him.. he is working under a narcissistic and eccentric boss.. what else do you expect to happen when you kinda pick a fight with him in public?? 

I would say it is in fact good for him as this happened in a public forum and he is getting many offers out of sympathy.. but what about the other guys who got fired or going to get fired without any publicity?? 

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4 hours ago, hunkyfunky2 said:

He is forced to buy Twitter - that too what turned out to be 4 times the market price . He is desperate to save money. 

He is trying to make enough people leave - in his view Twitter needs very few employees ... His quote is Tesla self driving division has 150 employees, so Twitter doesn't need thousands of engineers.

There are real talented people managed by awesome managers - who might be telling them- just wait and have patience ... In any other time, entire teams would have been poached by other companies.. Twitter skillet is relevant for any silicon valley company.  But times are different... 

Few of top talent will leave , but Elon hopes enough people will stay... If not, he can bring in fresh blood. 

 

 

This is BS. Social media company manage cheyatam ante easy na adhi kuda global..bokka lo self driving intha varaku sakkaga kaledu and still many accidents...

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5 hours ago, Mancode said:

my take 

employee played smart here , he will be getting calls for job for sure 

elon gadu built all his business with his father;s money, he is not a self made billionarie like dteve jobs , bill gates,warren buffet, and has ego of 14 yr old kid , he could asked the developer to his office and asked where we are going wrong and how to improve it, instead of engaging in this sort of tamasha .....

8$ blue tick is good idea though 

basically 90% of employees will be not working in twitter any more 

50% already fired , 25% contarctors fired too ,80 hr week work hrs ,no wfh ,and free food cancel chesthe 15% kuda 10gestharu.,migilthe 10% migltharu.,,,..idu eegalu tolukodame .....telsa batch ni pilichi...cheinchukundam ante .....transition will take some time , even how smart one can be, alopu losses unna twitter untadho pothado evariki erukaa....

90% funds to buy twitter are given by banks and especially saudi royals , they runs deep state ani talk ,theda chesthe kosi thesestharu vallaki ambani aina musk aina okate , modi asuntode jagratha masalkuntudu alladegara , e pilla bacha gadu athi telivitatalu vadithe , aipoinatte brathuku

cc @veerigadu

Elon is micro manager - stuff happening in Tesla and SpaceX aren't tweeted or there is disco as he just tweets some thing and there are no replies... Also , he never calls out those employees. He tweeted a lot of model 3 assembly issues. Only general public made some comments..

 

Here , he is doing it in public. Talking about 1000 batch of RPC on tweet is laughable... When the employees called out, his ego got hurt.

Employee knows what he is doing - he is looking for other positions even before, so he commented knowingly. 

Many invested in Twitter - hoping it will be the place to get authentic and realtime news - globally. It's not going well - at some point people will be bored of him fixing Twitter by public tweets. Then things will be back to normal. 

Twitter doesn't have competition - so that's the main advantage it has. 

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6 hours ago, Mancode said:

my take 

employee played smart here , he will be getting calls for job for sure 

elon gadu built all his business with his father;s money, he is not a self made billionarie like dteve jobs , bill gates,warren buffet, and has ego of 14 yr old kid , he could asked the developer to his office and asked where we are going wrong and how to improve it, instead of engaging in this sort of tamasha .....

8$ blue tick is good idea though 

basically 90% of employees will be not working in twitter any more 

50% already fired , 25% contarctors fired too ,80 hr week work hrs ,no wfh ,and free food cancel chesthe 15% kuda 10gestharu.,migilthe 10% migltharu.,,,..idu eegalu tolukodame .....telsa batch ni pilichi...cheinchukundam ante .....transition will take some time , even how smart one can be, alopu losses unna twitter untadho pothado evariki erukaa....

90% funds to buy twitter are given by banks and especially saudi royals , they runs deep state ani talk ,theda chesthe kosi thesestharu vallaki ambani aina musk aina okate , modi asuntode jagratha masalkuntudu alladegara , e pilla bacha gadu athi telivitatalu vadithe , aipoinatte brathuku

cc @veerigadu

banks holding $13B debt…they cant hold it for longer time as it will impact their balance sheets…they will try to sell it in debt market…but after seeing blue tick drama..banks might have to sell it for loss atleast for few hundred millions…thats why some banks avoided to enter into this musk deal…

generally capital structure is divided into three catalogs like senior security loan, sub ordinated loans, equity….atleast banks are providing senior secured loans…but not sure what type of loan he got from other parties… some subordinated loans are tricky with hybrid nature…

read the below analysis from WSJ..

The Twit­ter move threat­ens to bring the fal­ter­ing lever­aged-buy­out pipe­line to a stand­still by ty­ing up cap­i­tal that Wall Street could oth­er­wise use to back new deals.

The $44 bil­lion Twit­ter takeover is backed by banks in­clud­ing Mor­gan Stan­ley, Bank of Amer­ica Corp. and Bar­clays PLC, which signed agree­ments in April to pro­vide Mr. Musk with the debt fi­nanc­ing he needed to buy the com­pany. They had orig­i­nally in­tended to find third-party in­vestors, such as loan as­set man­agers and mu­tual funds, who would ul­ti­mately lend the money as is cus­tom­ary in lever­aged buy­outs.

But ris­ing in­ter­est rates and grow­ing con­cerns about a re­ces­sion have cooled in­vestors’ ap­petite for risky loans and bonds. Mr. Musk’s past crit­i­cism of Twit­ter’s al­leged mis­rep­re­sen­ta­tion of the con­di­tion of its busi­ness and the num­ber of fake ac­counts on the plat­form aren’t help­ing ei­ther—nor is a de­te­ri­o­ra­tion in Twit­ter’s busi­ness, the peo­ple added.

Banks also face a tim­ing prob­lem: Mr. Musk and Twit­ter have un­til Oct. 28 to close his planned pur­chase, and there is still no guar­an­tee the un­pre­dictable bil­lion­aire will fol­low through or some other trou­ble won’t arise. (If the deal doesn’t close by that time, the two par­ties will go to court in No­vember.) That means the banks wouldn’t have enough time to mar­ket the debt to third-party in­vestors, a process that nor­mally takes weeks, even if they wanted to sell it now.

As­sum­ing the deal closes, banks hope to be able to sell some of Twit­ter’s debt by early next year, should mar­ket con­di­tions im­prove by then, some of the peo­ple said. Twit­ter’s banks are dis­cussing how to po­ten­tially slice up the debt into dif­fer­ent pieces that could be eas­ier for hedge-fund in­vestors or di­rect lenders to swal­low, one of these peo­ple said.

The banks have good rea­son to want to hold the debt for as short a time pe­riod as pos­si­ble.

Hold­ing loans and bonds can force them to set more cap­i­tal aside to meet reg­u­la­tory re­quire­ments, lim­it­ing the credit banks are able to pro­vide to oth­ers. Banks also face year-end stress tests, and they will want to limit their ex­po­sure to risky cor­po­rate debts be­fore reg­u­la­tors eval­u­ate the sound­ness of their bal­ance sheets.

So far this year, banks have al­ready taken hun­dreds of mil­lions of dol­lars worth of losses and been forced to hold a grow­ing amount of buy­out debt.

Twit­ter’s debt, in­clud­ing $6.5 bil­lion of term loans and $6 bil­lion of bonds, would add to the in­creas­ing pile banks even­tu­ally in­tend to syn­di­cate, re­cently es­ti­mated by Gold­man Sachs at around $45 bil­lion.

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7 hours ago, Raven_Rayes said:

elon musk is definitely much smarter than the avg ceo, which is the problem.

He's just a micromanager who wants to take credit for things he has only a working knowledge of. It may piss off some, but others who get paid for their work won't give a fcuk. Its not like other ceos are great to work for.

 

 

1 hour ago, hunkyfunky2 said:

Elon is micro manager - stuff happening in Tesla and SpaceX aren't tweeted or there is disco as he just tweets some thing and there are no replies... Also , he never calls out those employees. He tweeted a lot of model 3 assembly issues. Only general public made some comments..

 

Here , he is doing it in public. Talking about 1000 batch of RPC on tweet is laughable... When the employees called out, his ego got hurt.

Employee knows what he is doing - he is looking for other positions even before, so he commented knowingly. 

Many invested in Twitter - hoping it will be the place to get authentic and realtime news - globally. It's not going well - at some point people will be bored of him fixing Twitter by public tweets. Then things will be back to normal. 

Twitter doesn't have competition - so that's the main advantage it has. 

 

1 hour ago, dasari4kntr said:

banks holding $13B debt…they cant hold it for longer time as it will impact their balance sheets…they will try to sell it in debt market…but after seeing blue tick drama..banks might have to sell it for loss atleast for few hundred millions…thats why some banks avoided to enter into this musk deal…

generally capital structure is divided into three catalogs like senior security loan, sub ordinated loans, equity….atleast banks are providing senior secured loans…but not sure what type of loan he got from other parties… some subordinated loans are tricky with hybrid nature…

read the below analysis from WSJ..

The Twit­ter move threat­ens to bring the fal­ter­ing lever­aged-buy­out pipe­line to a stand­still by ty­ing up cap­i­tal that Wall Street could oth­er­wise use to back new deals.

The $44 bil­lion Twit­ter takeover is backed by banks in­clud­ing Mor­gan Stan­ley, Bank of Amer­ica Corp. and Bar­clays PLC, which signed agree­ments in April to pro­vide Mr. Musk with the debt fi­nanc­ing he needed to buy the com­pany. They had orig­i­nally in­tended to find third-party in­vestors, such as loan as­set man­agers and mu­tual funds, who would ul­ti­mately lend the money as is cus­tom­ary in lever­aged buy­outs.

But ris­ing in­ter­est rates and grow­ing con­cerns about a re­ces­sion have cooled in­vestors’ ap­petite for risky loans and bonds. Mr. Musk’s past crit­i­cism of Twit­ter’s al­leged mis­rep­re­sen­ta­tion of the con­di­tion of its busi­ness and the num­ber of fake ac­counts on the plat­form aren’t help­ing ei­ther—nor is a de­te­ri­o­ra­tion in Twit­ter’s busi­ness, the peo­ple added.

Banks also face a tim­ing prob­lem: Mr. Musk and Twit­ter have un­til Oct. 28 to close his planned pur­chase, and there is still no guar­an­tee the un­pre­dictable bil­lion­aire will fol­low through or some other trou­ble won’t arise. (If the deal doesn’t close by that time, the two par­ties will go to court in No­vember.) That means the banks wouldn’t have enough time to mar­ket the debt to third-party in­vestors, a process that nor­mally takes weeks, even if they wanted to sell it now.

As­sum­ing the deal closes, banks hope to be able to sell some of Twit­ter’s debt by early next year, should mar­ket con­di­tions im­prove by then, some of the peo­ple said. Twit­ter’s banks are dis­cussing how to po­ten­tially slice up the debt into dif­fer­ent pieces that could be eas­ier for hedge-fund in­vestors or di­rect lenders to swal­low, one of these peo­ple said.

The banks have good rea­son to want to hold the debt for as short a time pe­riod as pos­si­ble.

Hold­ing loans and bonds can force them to set more cap­i­tal aside to meet reg­u­la­tory re­quire­ments, lim­it­ing the credit banks are able to pro­vide to oth­ers. Banks also face year-end stress tests, and they will want to limit their ex­po­sure to risky cor­po­rate debts be­fore reg­u­la­tors eval­u­ate the sound­ness of their bal­ance sheets.

So far this year, banks have al­ready taken hun­dreds of mil­lions of dol­lars worth of losses and been forced to hold a grow­ing amount of buy­out debt.

Twit­ter’s debt, in­clud­ing $6.5 bil­lion of term loans and $6 bil­lion of bonds, would add to the in­creas­ing pile banks even­tu­ally in­tend to syn­di­cate, re­cently es­ti­mated by Gold­man Sachs at around $45 bil­lion.

1) twitter is not spacex or telsa , vati story veru idhi veru , they are bringing new things into market and employees are passionate about it , but twitter anedhi more of a service based company , automobile,space=/IT , IT guys dont give damn about what happens in long term, they have enough of oppurtunties outside twitter, they want 40 hr shifts , sat ,sun off, bonuses,increments,freefoofd blah blah ,elon didnt understand this part 

2) elon is not a great ceo though , this needs to be expalined in bigbig paras but no energy for me now to do that 

@dasari4kntr bro if u composed that above reply by urselves withot copying it elsewhere , u are smartass , doesnt deserve to be in db

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1 minute ago, Mancode said:

 

 

1) twitter is not spacex or telsa , vati story veru idhi veru , they are bringing new things into market and employees are passionate about it , but twitter anedhi more of a service based company , automobile,space=/IT , IT guys dont give damn about what happens in long term, they have enough of oppurtunties outside twitter, they want 40 hr shifts , sat ,sun off, bonuses,increments,freefoofd blah blah ,elon didnt understand this part 

2) elon is not a great ceo though , this needs to be expalined in bigbig paras but no energy for me now to do that 

@dasari4kntr bro if u composed that above reply by urselves withot copying it elsewhere , u are smartass , doesnt deserve to be in db

first two paragraphs naa sontha kavitvam…

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