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Lysander72's avatar

He's taking responsibility? How? Is he resigning? Taking a pay cut? If I were "impacted", I would be disgusted by this letter.

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Outliers's avatar

he is down over $2bn since Feb 2021 on his stake, he is certainly feeling the pain from his decisions. recognizing mistakes and taking responsibility publicly requires quite a bit of self awareness, which is not that common among tech founders (hence my comparison with Peloton). out of curiosity - can you present an example of what you think is good communication from CEO in a similar situation? I certainly don't have a huge sample in my mind but out of what I've seen this letter stands out

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