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Joined 2 years ago
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Cake day: July 1st, 2023

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  • Twitter was never profitable until data was worth enough and even then…

    Musk tried to pump and dump the stock by saying it was worth much more than it was. Then he immediately got sued because if you manipulate the market like that and have the cash to pay, you have to or it’s considered a crime. Musk then tried to back out, shareholders threaten to sue, and he pretended he actually didnt wanna back out and bought it.

    He purchased it at twice its market value and has since not only cut 80% of staff, but also lost 80% of its original value (not the double musk paid)…

    Twitter only had value to musk because he wanted to use it as a disinformation tool to help SA/Russia/China. He immediately made it a right wing platform where this content is more valuable. It was a dumb decision, still has a dumb business plan and a fuckton of debts. The only reason it didn’t disappear completely is Musk is too rich, but it’s trending down. It’s projected to grow as the US becomes an oligarchy but not because it has real value. Musk wants to turn it into Facebook+ Cash app

    Buying twitter was all in all a terrible business move and mostly to stroke elons ego. Sadly this is “too big to fail” territory









  • Sometimes the org itself is like a shitty client who doesn’t understand.

    Reminds me of this article Programming Sucks

    Tom and Harry have been working together for years, but have an ongoing feud over whether to use metric or imperial measurements, and it’s become a case of “whoever got to that part of the design first.” This has been such a headache for the people actually screwing things together, they’ve given up and just forced, hammered, or welded their way through the day with whatever parts were handy. Also, the bridge was designed as a suspension bridge, but nobody actually knew how to build a suspension bridge, so they got halfway through it and then just added extra support columns to keep the thing standing, but they left the suspension cables because they’re still sort of holding up parts of the bridge. Nobody knows which parts, but everybody’s pretty sure they’re important parts.


  • It’s a mix of that, but also they have to make good on all these “AI investments” that “boost productivity” and allow employees to do more. I’m a principal engineer so it was part of my job to assess how much these tools actually boost productivity and they don’t at all. They change where the mental power goes, but it’s not really faster and is more mistake prone. If I had to make a comparison, it’s a bit like a concorde plane, it’s technically faster airspeed, but then you spend all your time trying to make a thing that can shove air out of the way faster than it wants to move (supersonic) and that’s just a lot more effort in other areas. Notice concord planes are nowhere to be seen despite existing for decades and being objectively faster. Not worth, but in the AI craze who cares.

    They also took advantage of taxpayer funds to boost their profits during the pandemic, and that money is gone now, so if you aren’t cutting a big part of your staff, either you didn’t take advantage of the pandemic, or you did and you have dead weight. It’s important to note that most big tech companies made record profits during that time.

    If you were a tech company and you weren’t killing off a chunk of your staff, it was a signal something was wrong with your business in some way. It’s entirely a speculative stock market thing, which is all that matters these days. They can invent other reasons why they aren’t meeting targets.

    TLDR; those losses are on another spreadsheet


  • Yep, and in many cases people got let go, then rehired 2 days later when things got cleared up, and kept their severance. The layoffs were mostly rushed. One guy was going to be a speaker at an event for the company, and as everyone sat down waiting for him to hop on stage, they hadn’t realized he was let go. Absolute waste just to make the numbers look good on paper, but a huge loss of investment.

    Imagine youre a senior engineer with 2000 stock units with accelerated vesting (was about 32$ at the time), severance at least in canada was over 20 weeks of pay lump sum given the collective dismissal + vacations. They were dropping 100k(before tx) to engineers to make them go away, and hire them back the week after.

    Worst company I’ve ever worked for, but I did make a pretty penny that week. Luckily I got hired a month later somewhere else.




  • It’s like when you say something is full. Double full doesn’t mean anything, but there’s still a difference between full of marbles and full of sand depending what you’re trying to deduce. There’s functional applications for this comparison. We could theoretically say there’s twice as much sand than marbles in “full” if were interested in “counting”.

    The same way we have this idea of full, we have the idea of infinity which can affect certain mathematics. Full doesn’t tell you the size of the container, it’s a concept. A bucket twice as large is still full, so there are different kinds of full like we have different kinds of infinity.


  • That’s the toolbox fallacy. “If only i had good running shoes I would be motivated to run.”.

    1. Youre swapping motivation for anxiety, guilt and frustration. Youre better off paying someone on fiver to shout at you.

    2. You won’t survive programming if you can’t get through this part. It doesn’t stop taking effort after you’ve learned the basics.

    3. The tutor won’t make it painless, or make it go faster really, and people just end up being agry at the tutor.

    You’re much better off joining a community/discord of people learning the same thing, or finding a project/thing you care for, and using common motivational tricks. With youtube/Twitch, it’s easier than ever to find people to help you.