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by posharma 1177 days ago
I know this is going to be controversial, but I think it has to be said. Jack ruined Twitter first [1] (by over-hiring and then selling it to Elon) and now it's Block's turn. He still made billions, while thousands got laid off and are still suffering under Elon's questionable so called leadership. Are these the entrepreneurs we should be looking up to? The tech industry is already facing the brunt because of the mistakes CEOs have done by "miscalculating" or "misjudging" the macroeconomic conditions; the same CEOs are enjoying their billions.

[1] https://twitter.com/jack/status/1588913276980633600

4 comments

Parag sold to Elon, and he got a great return for shareholders by selling at far above market value.

Jack doesn't do anything but meditate and grow a beard like he's young Steve Jobs. Why the board let him be CEO when he didn't do any apparent work is a different question.

Who takes the deal or not is the board. Sure, Parag did the work, as it was his job as CEO
Jack is 46 years old... not really young at this point.
"like (young Steve Jobs)" not "like young (Steve Jobs)"
The Bilton book was extremely illuminating on Dorsey, I totally agree, which reminds, I have to read longform more often....
Twitter and Square wouldn’t have existed without Dorsey. Let’s not throw the baby out with the bathwater.
That doesn’t make him a good, responsible CEO.
Okay, what can we say about his redeeming qualities for a change?
Better never been hired than hired and fired?