Remix.run Logo
NegativeK 2 days ago

If I had a roommate who spent huge swaths of our monthly budget on house cleaning we didn't need, I might tell them to go find another place to live.

Or to stop stretching metaphors.. The investors should be mad that the layoffs were even necessary.

ergocoder 2 days ago | parent | next [-]

Yes, and being mad is not 0 or 1.

Investors are mad to a certain degree for a mishap, but then investors are also happy about something else.

To continue analogy, Zuck has made $10,000 for shareholders and had a mishap of $1000.

How much should Zuck be punished here? I don't have a good answer but it is certainly not firing himself for it.

IncreasePosts 2 days ago | parent | prev [-]

But they were fine with the hiring in the first place. Making mistakes is allowed - it's worse to pretend like everything you did in the past was flawless.

Also, Zuck controls 61% of the vote for Meta. Investors knew that it was his show when they invested