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Genco

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Everything posted by Genco

  1. There's not enough information to know exactly how their equity program works. The link above says the grants are based on a $54.20 share price ($44 billion valuation). The stock grants that were announced in March had a valuation of ~$20 billion. (https://www.wsj.com/articles/twitter-offers-new-equity-grants-to-staff-938ee7f8). If the program functions like a typical option grant and the strike price is $54.20, then yeah, the grants are worthless. They'd be worthless at a strike price of $20/share. If the program is simply granting shares to the employees with no strike price (anything above $0.00 would be in-the-money to the employees) AND Elon has committed to repurchasing the grants at some arbitrary price as a liquidity event down the road, then that would be economically relevant to the remaining employees and rather generous. That sounds very on brand for Elon./sarcasm
  2. The OceanGate sub is less underwater than those stock grants at $54.20/share.
  3. Call his bluff. He's too much of a Xussy to subject himself to discovery.
  4. Weird. Thought by your username it would be the sort of music kink you'd be into.
  5. This is the equivalent of Orson Welles, Stanley Kubrick, and Martin Scorsese saying it's the greatest film ever made while Roger Ebert jams three thumbs up Spielberg's ass.
  6. That part of the segment bugged the shit out of me. Gordon's advice to Sirois last year when he hosted him on twitch was if you believe that you're underpaid then go out and get what you think you're worth. It sounded to me like they're emphasizing what they want to believe and setting up a narrative that Dan/Jake would have reneged if they accept a more lucrative offer from one of the other stations. Part of that petty "ticket vs. the world" bunker mentality. And why wouldn't they accept a better contract from the Freak? Cumulus has been an overleveraged goatfuck of an organization since they bought out Susquehanna. They've used the station's culture as leverage against the hosts for 15 years. This was the second time Jake had to put in his notice since he got his dream job three years ago. And now they're expected to turn down a bigger payday that better reflects their worth? If those guys have a problem with Dan/Jake going to another station they should take it up with their bosses. Cumulus finally put a price on culture to someone who actually mattered at the station.
  7. So total incidents of hate speech have increased but overall hate speech impressions are down 30% from pre-acquisition? And the 30% decrease is completely unverifiable? I guess I'll just have to take Elon's word for it.
  8. A new QAA podcast covering the movie dropped today. https://soundcloud.com/qanonanonymous/episode-238-sound-of-freedom-feat-dave-anthony-anna-merlan-and-tim-marchman
  9. I believe Ms. Pugh is a method actor so I would expect a full physical commitment to the part.
  10. Mr. Owl seems like walking talking pussy repellant.
  11. It would have been a lot cheaper if he had bothered with any diligence or forethought before he obligated himself to $44 billion.
  12. Did she have any questions about Miggs's olfactory sensitivity or unconventional throwing motion?
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