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_drimzy

215 karma · joined June 20, 2018

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_drimzy··on SEC Sues Musk and Seeks Ban for His Tweets on Go-Private Deal
> Right, we are not concerned with protecting short-sellers who spend all day on twitter making up negative stories about their targets.

This doesn't make sense. We don't go after them because they don't have any authoritative powers/inside knowledge about the company, so a reader cannot be misled by them. If an exec of a company short sells a huge chunk of the company and plants a misleading negative story about the company, SEC will go after them too.

_drimzy··on The financial mistakes behind why a startup laid off 400 employees overnight
If they didn’t have work for all the employees for all the hours, couldn’t they have reduced the employee count? And only bring full time contractors that had full cycles in the past? And work with a mix of full timers and contractors to take care of variable load?

It seems like the actual reason they had to go down was because they didn’t have enough customers as opposed to the 20% extra employee costs. Plus every where in the industry the hourly rate of contractors is higher than the the employees because of the benefits. Was the CEO a high schooler?

_drimzy··on The Machine Fired Me
> I sold something on Ebay once and the buyer didn't receive the item, and did what he should and reported it to Ebay/PayPal. Paypal started the dispute resolution process, and I uploaded a receipt of me sending it. The dispute was resolved in my favour.

How is that not a bad experience for a buyer who never got an item he paid for?

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