Pivot Deep Cuts at Twitter, FTX Hack, and Friend of Pivot Joe Coscarelli
27 snips
Nov 15, 2022 
Joe Coscarelli, a cultural reporter for The New York Times and author of "Rap Capital: An Atlanta Story," joins the discussion. He explores the evolution of hip hop, spotlighting Atlanta's rise as a musical hub and its impact on the industry. The conversation dips into the FTX collapse and its ongoing fallout, along with the controversies surrounding Elon Musk and Twitter's workforce reductions. Expect insights on pop culture's intersection with tech, the challenges of the music landscape, and a humorous take on recent corporate shakeups.
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Layoff Advice for CEOs
- Cut deeper than you initially want to during layoffs.
- The faster you fire, the more generous you can be with severance and the faster the economy rehires.
Tech Entitlement
- Tech employees have become accustomed to constant growth and perks, creating a sense of entitlement.
- This market correction might be a return to normalcy, challenging their expectations.
Apple's Monopolistic Vig
- Apple's App Store fees resemble a retailer taking a cut of every jacket use after purchase.
- This is monopolistic behavior, especially considering their high margins and limited app store alternatives.
