Barnacle Taintpipe (@barnietaintpipe) 's Twitter Profile
Barnacle Taintpipe

@barnietaintpipe

Ex-investment banking, ex-FAANG, fintech startup operator, L/S equities at Fraxinus Capital.

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ID: 1429685275836534795

calendar_today23-08-2021 06:01:57

654 Tweet

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Craig Fuller 🛩🚛🚂⚓️ (@freightalley) 's Twitter Profile Photo

The most significant legislation for freight since deregulation has been introduced in the Senate and could set off a trucking rate super cycle. This would create conditions that would bring back living wages to truck drivers, provide massive incentives to drive trucks, and

Barnacle Taintpipe (@barnietaintpipe) 's Twitter Profile Photo

Cluseau Investments Not to sound too callous, but I think you are overstating the AI rationale here. It is a joke in the fintech industry that Block has too many people and it is a retirement home where real layoffs do not happen and many people do not do real work. The reality is this is a

Barnacle Taintpipe (@barnietaintpipe) 's Twitter Profile Photo

Just Another Pod Guy This is not an AI layoff. It is just the messaging to justify it. Don’t misinterpret it. This is a 2022-era layoff that Jack never did because he was always too good of a person and not motivated by money. But clearly there was a breaking point with market expectations and what

Barnacle Taintpipe (@barnietaintpipe) 's Twitter Profile Photo

$XYZ People please please please stop overreacting when you don't know fintech. Block's headcount bloat is LITERALLY A JOKE IN THE INDUSTRY.

Barnacle Taintpipe (@barnietaintpipe) 's Twitter Profile Photo

On Block. I'm mentally exhausted from seeing almost everyone have the wrong take from the $XYZ news. AI layoffs ARE coming. Across sectors (not just fintech). This is guaranteed over the next 1-3 years. However... The Block layoffs are NOT those. Block has operated with 2-3x

@melissa (@melissa) 's Twitter Profile Photo

this is the part that jack wrote you can tell because it's got the curly quote and the rest has straight ones the whole post is well done, he has a comms person who is a highly skilled prompter but jack added this part before hitting post and i like that about jack

this is the part that jack wrote

you can tell because it's got the curly quote and the rest has straight ones

the whole post is well done, he has a comms person who is a highly skilled prompter

but jack added this part before hitting post

and i like that about jack
Barnacle Taintpipe (@barnietaintpipe) 's Twitter Profile Photo

Amanda Niket Kalia🌵🌠 This is clearly a directive from above Jack, ie. the board of directors / shareholders. There is no reason Jack would actually do this himself without some sort of push. He is not that kind of person. This has been building up since the stock popped in 2022. The fact that he