Barnacle Taintpipe
@barnietaintpipe
Ex-investment banking, ex-FAANG, fintech startup operator, L/S equities at Fraxinus Capital.
DYOR NFA
ID: 1429685275836534795
23-08-2021 06:01:57
654 Tweet
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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
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
Kristen Anderson You told us Jack was having fun live-streaming with the homies this week and then the homies got fired…
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