Former Carta CTO Suing Carta...

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  • čas přidán 27. 01. 2024
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Komentáře • 113

  • @MetroidChild
    @MetroidChild Před 5 měsíci +60

    The "People kill themselves, after all." isn't a threat by OP.
    He's implying Carta likely wished for that outcome by releasing the private text messages.

  • @orterves
    @orterves Před 5 měsíci +20

    21:22 "we want people to speak up" of course they do. Executioners love it when the condemned comes forward to offer their neck for the block.

  • @headlights-go-up
    @headlights-go-up Před 5 měsíci +169

    This is an imposter. The Primeagen I know has blue hair. This AI generated Prime does not, so it's clearly a fake.

    • @kromkake666
      @kromkake666 Před 5 měsíci +8

      wish this joke was ai-generated

    • @elpupper_
      @elpupper_ Před 5 měsíci

      Why did the imposter Primeagen refuse to dye their hair blue?
      Because they didn't want to be caught "color-handed" in the act of being a fake!
      @@kromkake666

    • @eni4ever
      @eni4ever Před 5 měsíci

      ​@@kromkake666your reply as well

    • @tahamanna3600
      @tahamanna3600 Před 5 měsíci

      LMAO

    • @v2ike6udik
      @v2ike6udik Před 5 měsíci

      @@kromkake666 he works wof chilluminati, btw. so it checks out.

  • @jarretthorton7439
    @jarretthorton7439 Před 5 měsíci +51

    Carta just didn’t have Tom

  • @xxapoloxx
    @xxapoloxx Před 5 měsíci +12

    Actually that is exactly how the chain of command works, you bring the issue to your immediate supperior FIRST, if you deem im it nessesary then you escalate to HIS immediate supperior and so on and so forth.

    • @ThePrimeTimeagen
      @ThePrimeTimeagen  Před 5 měsíci +6

      that is literally opposite of the chain of command.
      you bring it to your superior, and _they_ bring it to theirs. if you skip level you can cause issues

    • @xxapoloxx
      @xxapoloxx Před 5 měsíci +19

      @@ThePrimeTimeagen No, you are assuming your Superior will act how he is expected to. This is not always the case. For instance. You bring an issue to your superior "Hey i think this is illegal and we should not do it". He says "Keep it hush between us". Then it is your responsability to go to his supperior and inform him of the situation. Including the fact you you adviced your superior.

    • @actually_it_is_rocket_science
      @actually_it_is_rocket_science Před 5 měsíci +2

      ​@@xxapoloxx Skipping is pretty much never good. Some places do skip level meetings but how much that does who knows. If your superior ignores something that's where whistle blower programs come in. Sometimes even going straight to the whistle blower program makes sense. Just keep records. Employment lawyers like records.

    • @davidjulitz7446
      @davidjulitz7446 Před 5 měsíci

      @@actually_it_is_rocket_science At some point you have to skip levels if you really want to get heard. If your direct superior is ignoring the issue, you have to escalate. The alternative is to shut up or not even bring this issue to light, which is probably not what we want in theory. But yes, the reality is not theory and you should really think twice, depending on who your superior and their superiors are.
      Another option is simply looking for a new job.

    • @Telhias
      @Telhias Před 5 měsíci

      @@actually_it_is_rocket_science How is level skipping never good? From my perspective it is pretty much always good. I can always ignore what I deem unimportant. However knowledge of the situation at the bottom rungs of the company is hard to gage from on high. Once your company grows large enough, you become unable to individually know each of your employees. As such you no longer know who is actually doing their job. I cannot personally vet every employee's performance but someone more higher up? Easily. If a middle manager is sabotaging the company for his own benefit then I would like to know and deal with it.
      A company that grows without being carefully pruned from corruption will inevitably grow to be like Carta in this article. Once enough of these corrupt individuals fail to the top you will no longer be able to do anything and they may even oust you from your position for trying.
      Whistle blower programs are kind of like a nuclear option. A company should be capable of solving its own problems from within. Unless you are talking about the internal whistleblower compliance programs in which case they are either unnecessary (if a company is well functioning) or a joke (if it is hopelessly corrupt).

  • @TheLucanicLord
    @TheLucanicLord Před měsícem

    33:40 Ever been in an old - like 200 years - house or castle? I'm a lawn ornament but I bang my head. Most people were tiny in the olden days.
    45:53 Boeing has entered the chat.

  • @andythedishwasher1117
    @andythedishwasher1117 Před 5 měsíci +13

    I think we only do better when we have to because that's the only way our nature ever transforms. Nature introduces needs so that it can move things. When you go rah rah hard enough in the right place, that's your rebellious nature creating needs that move things. Executives all of a sudden NEED to cover their asses and divert massive resources to legal battles, for example. Sometimes, in order to succeed at something like that, you have to go rah rah in a way that will get a large number of people to agree with you in order to create sufficient need for movement. The guy might sound a bit preachy, but I get what he's saying. Not often somebody in a position of power calls out the power structure, but I'd like to see it happen more often, so I'd be inclined to support his effort.

  • @NotMarkKnopfler
    @NotMarkKnopfler Před 5 měsíci +16

    Just another day in an American tech company.

  • @orterves
    @orterves Před 5 měsíci +11

    10:04 uninternalized externalities - shit that the company should actually be responsible for but they push onto the public because they can and it means more profit for them, even if in the long term it destroys society

    • @kevgoeswoof
      @kevgoeswoof Před 5 měsíci +3

      like environmental pollution, for example when we had to ban CFCs to not wreck the ozone layer. or green house gas emissions. or (radioactive) waste when mining for rare earth metals.

  • @d3stinYwOw
    @d3stinYwOw Před 5 měsíci +7

    As a person who sent that article: I highly suggest checking all of those links, it will make you stop believing in humanity. Really.

  • @LanceBryantGrigg
    @LanceBryantGrigg Před 5 měsíci +4

    Honestly, making a private equity app, this has been done and most companies at that stage just don't want to use it.
    They don't want the shares to be liquid.

  • @GreedoShot
    @GreedoShot Před 5 měsíci +1

    38:14 wrong reference
    "I'm mad as hell and I'm not going to take it anymore" is Network (1976)

  • @germantoenglish898
    @germantoenglish898 Před 5 měsíci +3

    The Mads Mikkelsen movie The Hunt is a perfect example of how an innocent action (that wasn't even made by the main character) can lead to someone being ostracized from a community even after proof of their innocence comes to light. People like to believe the worst...I guess. Also "Snakes in Suits" the book by Robert D. Hare is a great peek into the sheer number of psychopaths who end up in higher management jobs and how to pick them out by observing their habits.

  • @mikapeltokorpi7671
    @mikapeltokorpi7671 Před 5 měsíci +12

    Those options are quite cheap in Board/CEO/CTO level. If the share price is $1 dollar, your option is ¢10. At least for Tesla (insider trading history) or any other multinational corporation. For no listed company valuation is quite an arbitrary market cap of the company divided by the number of shares. In one of my previous employers the value of Tre company (and the options/shares) crashed 80% last year.
    Talking about Tesla: their $6 Billion (forward looking) tax deferment means, that top management is planning to exercise about $30 Billion worth of their stock options this year ($6 Billion is federal tax rate 21% for the difference to current market value and the options).

  • @bepamungkas
    @bepamungkas Před 5 měsíci

    49:15 "just simply building out some CMS software". LOL I immediately think of Matt Mullenweg. There's not that much of a bad press about him, and Automattic seems like pretty nice place to work. Not to mention that his 5th hire is a CEO to replace himself.

  • @themartdog
    @themartdog Před 5 měsíci +3

    I think people would be interested in stories about 7 employee CEOs. People sit around and watch live-streamers, after all.

  • @alilhard
    @alilhard Před 4 měsíci

    30:47 another way is to put those options as collateral for loans

  • @HyperionStudiosDE
    @HyperionStudiosDE Před 5 měsíci +1

    13:10 it's called euphemism

  • @LeviNotik
    @LeviNotik Před 5 měsíci +1

    Lol intentional infliction of emotional distress is a long-standing tort

  • @ragectl
    @ragectl Před 5 měsíci

    Damn it sounds like this person was a character in The Wolf of Wall Street because all that work stuff sounds insane

  • @orterves
    @orterves Před 5 měsíci +1

    35:02 these are Stanford words obviously

  •  Před 5 měsíci +7

    10:12 what is this chat gee pee tea you speak of? Any relation to chat gipidy?

    • @Stay_away_from_my_swamp_water
      @Stay_away_from_my_swamp_water Před 5 měsíci

      gpeedeezz nutz (Yes my mentality has indeed regressed to a state similar of the one 5 year olds have, and I regret nothing)

  • @ianarmstrong9658
    @ianarmstrong9658 Před 5 měsíci +1

    fintech is filled with the sleaziest c-suites, you can’t change my mind

  • @andythedishwasher1117
    @andythedishwasher1117 Před 5 měsíci

    Prime, if you don't understand what the ocean of business is, I hope you've got a real sturdy boat.

  • @Scooplar
    @Scooplar Před 5 měsíci +1

    Karen Rustivinski is getting promoted to Chief Peoples Officer. She'll dismantle you from The Startup

  • @RYOkEkEN
    @RYOkEkEN Před 5 měsíci +1

    hhrr is always complicit with the c suite

  • @Therzok1
    @Therzok1 Před 5 měsíci

    One small clarification on the Marx funeral thing, his funeral had few attendees because of a misreport of the place where the burial would happen. Having to travel from Paris to the UK in one day wasn't that easy, it would take like 20-34 hours from one place to another.

  • @dickheadrecs
    @dickheadrecs Před 5 měsíci +8

    I want to care about this article but i’m only 33% vested. I’ll finish reading it in 2027

  • @Luclecool123
    @Luclecool123 Před 5 měsíci +2

    The name is the bluehairagen

  • @blessedpigeon6304
    @blessedpigeon6304 Před 5 měsíci +6

    The amount of benefit of the doubt prime gives to these demons is astonishing

  • @MrEo89
    @MrEo89 Před 4 měsíci

    $99 profit/contract. 1 contract = 100 shares * delta - premium per contract paid.

  • @terrorblades10
    @terrorblades10 Před 5 měsíci +1

    Seems convenient that this blog post is posted 14 months after his termination, long enough for any remaining options he had to be considered long term capital gains and be sold before he takes them to court and tanks the share price.

  • @orionh5535
    @orionh5535 Před 5 měsíci

    Wow, henry is hardcore.

  • @conceptrat
    @conceptrat Před 5 měsíci

    Just don't go with any colour that has midnight in the name. A month later you'll be grey!

  • @VV0RK
    @VV0RK Před 5 měsíci

    "Democracy is the theory that the common people know what they want, and deserve to get it good and hard."
    -- H.L. Mencken

  • @emeraldbonsai
    @emeraldbonsai Před 5 měsíci

    the people team is ussualy just the new name for HR

  • @tsalVlog
    @tsalVlog Před 5 měsíci +2

    I mean, you say you aren't sure if it's true, but he literally links to all the receipts.

    • @stephanbranczyk8306
      @stephanbranczyk8306 Před 5 měsíci

      He doesn't want to be sued. He's not a giant youtuber yet. Plus, he doesn't have his own legal department. Nor does he have interns verifying all the accusations.

  • @bobbelle1627
    @bobbelle1627 Před 5 měsíci

    Hello, in a previous video you talked about building a course named : "Build Good software fast". Is it on the way? Know that I am very interested in purchasing software education content from you. I also love your videos and energy. Hope you'll see this thanks (:

  • @orionh5535
    @orionh5535 Před 5 měsíci

    "Democracy is the theory that the common people what they want, and deserve to get it, good and hard" - H.L Mencken
    Btw

  • @wurf5336
    @wurf5336 Před 5 měsíci

    12:12 must have been huge then xD

  • @kimono8413
    @kimono8413 Před 5 měsíci

    "The thing that separates you from anybody else is time and circumstances" : anyone know who he was referring to who said this?

  • @cassandrasinclair8722
    @cassandrasinclair8722 Před 5 měsíci

    What you described is anarchism :D

  • @k98killer
    @k98killer Před 5 měsíci

    You need taxable income to contribute to a Roth IRA, technically. But if the contribution is $1, you need just $1 of taxable income iirc.

  • @fabbritechnology
    @fabbritechnology Před 5 měsíci +1

    Blue hair when?

  • @andru5054
    @andru5054 Před 5 měsíci

    😮😮😮

  • @emeraldbonsai
    @emeraldbonsai Před 5 měsíci

    Enthusiastic consent is some one being happy or totally on board with it not like sure i guess or like having to convince them. ive mostly heard the term around the bdsm community i think its a good concept though

    • @SimonBuchanNz
      @SimonBuchanNz Před 5 měsíci

      I mostly hear it about where to draw the line on rape; eg that compelled, even socially or emotionally compelled, consent doesn't make it not rape, but I dunno which was first, since it's essentially the same use, even if in a different context.

  • @TheKennyWorld
    @TheKennyWorld Před 5 měsíci +2

    Aviato

  • @streettrialsandstuff
    @streettrialsandstuff Před 5 měsíci

    How do you even get someones iMessages without glowies involved, and why would glowies be involved in illegal investigation.

  • @XantheFIN
    @XantheFIN Před 5 měsíci +7

    Rip Julia Assange and Snowden.. just getting harrassed by America gov for speaking up war crimes and cirminality what they were doing.

  • @the_derpler
    @the_derpler Před 5 měsíci

    aren't all externalities by their nature uninternalized?

  • @user-cj2wz8sb1l
    @user-cj2wz8sb1l Před 5 měsíci +2

    why does the prime highlight all but the first and last letter of the first and last word of the text block he is highlighting?

  • @snowSecurityneeded
    @snowSecurityneeded Před 5 měsíci

    do the blueagen on stream live

  • @truehighs7845
    @truehighs7845 Před 5 měsíci

    The more money they steal, the more they need to defend their citadel.

  • @JuusoAlasuutari
    @JuusoAlasuutari Před 5 měsíci +1

    But what and why is Carta?

  • @kuhluhOG
    @kuhluhOG Před 5 měsíci +1

    33:35 That actually makes a lot more sense than you might think.
    Think about, a person of your tribe commands you something.
    Who has a higher amount of authority: Somebody who is 150cm high, or somebody who is 180cm high?
    Somebody who looks like a breeze could make them fly away, or somebody who looks like they could pick up a boar bare handed?
    Who would follow on a mission which could end up killing you if you are unlucky?
    Seriously, we may not be tribal people anymore, but a lot of stuff in our brains are still wired like that.

  • @TomNook.
    @TomNook. Před 5 měsíci

    Silicon valley has turned so shady post COVID.

    • @evg3nius
      @evg3nius Před 5 měsíci

      Post Covid 😂it was as shady before

  • @davidjulitz7446
    @davidjulitz7446 Před 5 měsíci

    HR is on the payroll too. HR is not your friend when it comes to conflicts with the higher management.
    I agree it is a naive or dishonest statement to say, "Why we would accumulate money and power if not for the good". Unfortunately, the world doesn't work like that. But it sounds good from a Christian standpoint. But most people are obviously not hard-core Christians.

  • @LuisM_Santana
    @LuisM_Santana Před 5 měsíci

    Henry = Gavin Belson

  • @truehighs7845
    @truehighs7845 Před 5 měsíci

    Externalities is the negative impact a company's business has on third parties.

  • @mayormccheese8673
    @mayormccheese8673 Před 5 měsíci +1

    EEEEMOTIONAL DAMAGE

  • @brilliant-drink
    @brilliant-drink Před 5 měsíci +1

    10:34 by the way what prime is describing here is communism fiy

    • @zyansheep
      @zyansheep Před 5 měsíci

      Closer to socialism I think, but similar idea, "workers owning the means of production"

  • @JamesPower
    @JamesPower Před 5 měsíci

    Important to note Biden is 6' tall and trump claims to be 215 lbs and 6'2" - which with his lifts he gets close to in height

  • @kasuto-no-machi
    @kasuto-no-machi Před 5 měsíci

    The CEO sounds like a jerk, but this is written by a guy that keeps talking about his cred as a woman respecter and went to Stanford btw (6'2" btw (enthusiastically consenting, btw)). Sounds like an insane workplace with a totally dysfunctional C-suite.

  • @javaman8844
    @javaman8844 Před 5 měsíci +3

    is it related to software engineering or am i retarted. porque prime?

    • @emcassi_
      @emcassi_ Před 5 měsíci +5

      its bc hes a furry

    • @abz4852
      @abz4852 Před 5 měsíci +1

      it is related to tech

    • @elzabethtatcher9570
      @elzabethtatcher9570 Před 5 měsíci +2

      what are u talking about? primetime is a financial advice channel

    • @mattmurphy7030
      @mattmurphy7030 Před 5 měsíci +1

      They say there are no stupid questions but here we are

  • @docmars
    @docmars Před 5 měsíci +2

    "40 year old 6'2" cis white guy" - dude used a derogatory slur against himself wtf

    • @lifelover69
      @lifelover69 Před 5 měsíci +2

      he's virtue signalling

    • @venus2677
      @venus2677 Před 5 měsíci

      Elon would be shaking in his boots. Truly the scariest thing in the world is a common latin prefix.

    • @SimonBuchanNz
      @SimonBuchanNz Před 5 měsíci

      Oh no an accurate classification using some of the most neutral terms we have for the concepts, we need to cancel him.
      Just because "cis white guys" have a stereotype of being eg. privileged and behaving badly and someone points out that someone is hitting every trait of said stereotype, doesn't make the descriptor slurs.
      An example of using a slur is that your being upset by that sure makes you a snowflake.

    • @BurgerKingHarkinian
      @BurgerKingHarkinian Před 5 měsíci +1

      Ikr? It's sooo dumb😅

  • @rrraewr
    @rrraewr Před 5 měsíci

    48:30 those are just company owners, publicly traded companies have ceos, privately owned dont

  • @truehighs7845
    @truehighs7845 Před 5 měsíci

    F*** hell you know Rust very well, but you need to brush up on your English (and Latin), calumny means slander, but it's the latin base: eth.: calumnia-ae.

  • @robotnaoborot
    @robotnaoborot Před 5 měsíci +1

    Most boring video of prime. Some american legal issues. Feels emotionally distressed after watching for a minute.

  • @N1c0_792
    @N1c0_792 Před 5 měsíci

    When did prime become so political

    • @dv_xl
      @dv_xl Před 5 měsíci +2

      What do you mean

    • @venus2677
      @venus2677 Před 5 měsíci

      Boiling everything down to communism or capitalism is overly reductive and could very easily derail a convo. Not everything has to fit in a tidy little box that's worth admonishing or celebrating.