[FormerBandmate]

Twitter was on pace to lose billions without him. They were doing massive layoffs under Parag, extrapolating Facebook and Snapchat results gets you Twitter’s anemic last reports as a public company even without the overhang of Musk

[rchaud]

On pace to lose billions and yet Musk pays $44bn to acquire the company and hand the CEO a 10-figure golden parachute?

[FormerBandmate]

Yeah, why do you think they accepted so quickly? They tried to get Wall Street to be interested and they turned their nose up extremely quickly, and that was right after a 50% price drop

[Maursault]

> and hand the CEO a 10-figure golden parachute?

That's two figures more than actual. Reportedly, Musk paid Agrawal $42M and spent $120M total on golden parachutes, which is still only low 9 figures. Still obscene. Most employers do not give severance to fired former employees. They were in charge of Twitter while it was losing billions. They should have paid him. He could have saved money right there by giving them the address to the unemployment office.

[lazide]

He got the Twitter shareholders $44bln dollars for a company that has lost money for Decade.

Pretty hard to fire him for cause with that track record, even if the new owners don’t like it.

And firing without cause triggers the clause.