As Twitter ditches its iconic branding in favor of owner Elon Musk's favorite letter "X," its open source competitor Mastodon is once again seeing usage numbers soar.
It’s not just lemmy that’s benefiting from Elon Musk.
There’s an ethical consideration when you sell a company. Dorsey and co. took a big payout and this is the result. I was thinking earlier about how this probably wouldn’t have been happened if you had an even equity split across the company’s employees.
It was a corporation. Corporations exist to get shareholders paid. You can’t expect those to not be for sale for the right price, which in this case was more than it was worth. If you want the people running companies to make decisions based on ethics, you should ban publicly traded corporations first otherwise it’s just not happening.
I mean, they routinely make the unethical decision. They probably wouldn’t be in the position to make it in the first place if they didn’t already have dollar signs in their eyes. And I’ve been around enough tech companies to know that’s usually the way it breaks down.
There’s an ethical consideration when you sell a company. Dorsey and co. took a big payout and this is the result. I was thinking earlier about how this probably wouldn’t have been happened if you had an even equity split across the company’s employees.
It was a corporation. Corporations exist to get shareholders paid. You can’t expect those to not be for sale for the right price, which in this case was more than it was worth. If you want the people running companies to make decisions based on ethics, you should ban publicly traded corporations first otherwise it’s just not happening.
I mean, they routinely make the unethical decision. They probably wouldn’t be in the position to make it in the first place if they didn’t already have dollar signs in their eyes. And I’ve been around enough tech companies to know that’s usually the way it breaks down.