I'm Stepping Down..
Вставка
- Опубліковано 3 сер 2024
- New Customer Exclusive - $25 Off ALL Processors: micro.center/r0z
All Customers can sign up and receive a 128gb flash drive at the Indianapolis store opening event: micro.center/z4s
Check out The Ridge’s Father’s Day sale using the link below and Save up to 40% through June 15th! www.ridge.com/LINUS
The time has come for me to step down as CEO of Linus Media Group (and everything else under the umbrella). Let me tell you what that looks like: what's changing, what's not, and who is taking my place...
Discuss on the forum: linustechtips.com/topic/15079...
► GET MERCH: lttstore.com
► LTX 2023 TICKETS AVAILABLE NOW: lmg.gg/ltx23
► GET EXCLUSIVE CONTENT ON FLOATPLANE: lmg.gg/lttfloatplane
► SPONSORS, AFFILIATES, AND PARTNERS: lmg.gg/partners
► EQUIPMENT WE USE TO FILM LTT: lmg.gg/LTTEquipment
► OUR WAN PODCAST GEAR: lmg.gg/wanset
FOLLOW US
---------------------------------------------------
Twitter: / linustech
Facebook: / linustech
Instagram: / linustech
TikTok: / linustech
Twitch: / linustech
MUSIC CREDIT
---------------------------------------------------
Intro: Laszlo - Supernova
Video Link: • [Electro] - Laszlo - S...
iTunes Download Link: itunes.apple.com/us/album/sup...
Artist Link: / laszlomusic
Outro: Approaching Nirvana - Sugar High
Video Link: • Sugar High - Approachi...
Listen on Spotify: spoti.fi/UxWkUw
Artist Link: / approachingnirvana
Intro animation by MBarek Abdelwassaa / mbarek_abdel
Monitor And Keyboard by vadimmihalkevich / CC BY 4.0 geni.us/PgGWp
Mechanical RGB Keyboard by BigBrotherECE / CC BY 4.0 geni.us/mj6pHk4
Mouse Gamer free Model By Oscar Creativo / CC BY 4.0 geni.us/Ps3XfE
CHAPTERS
---------------------------------------------------
0:00 The Big News
0:46 The Why
1:54 My New Role
2:54 What's not changing
3:54 I could have retired
4:51 What IS changing
5:45 WHO IS THE NEW CEO?? - Наука та технологія
The fact that he saw his old boss as the perfect fit just goes to show how well of a boss he truly was to Linus and how impactful he was to him
What I don’t understand though, and not to be disparaging because I don’t know the full reason, but didn’t NCIX go belly up ? Is he not the guy that was in charge when they went under ?
@@motomortus4009 Lots of Electronic chains have gone belly up. Online have taken so much space now so it's hard for physical stores to compete.
@@motomortus4009 no he was his boss not the ceo of ncix
@@motomortus4009 He was never NCIX's CEO, if that's what your asking.
@Moto Mortus as others have said, Terren wasn't the CEO of NCIX he was just Linus' boss, he realistically would've had nothing to do with the company going bunk
so much respect for what you and your team have built over the years!
first
Hi!
Hi
hi
😮 it's the zombie man!
Linus really is the type of person to say "I'm retiring" and mean "I'll be making more videos and putting more effort into them" by it. Glad for you man, you should be doing what you enjoy!
it's called clickbait
@@millionzklub9397 this isnt clickbait, he said he was stepping down as CEO, not retiring.
@@hxyrudi I mean it *is* clickbait, but it's also *right* . Clickbait is only bad when it's inaccurate or relevant to only like 10% of the video/article. This is the good kind of clickbait.
@@Rot8erConeX fair enough
Didn't Pewds did the exact same thing. Honestly sounds like a pretty good deal. I mean to only work when you feel like it, and to go back to the early days of your career on UA-cam when it was just nothing more than a hobby that pays instad of a job where you have to come up with video ideas to help pay for not only yours but the people who work for you lively hoods.
if that company that offered to buy you out is still looking for a youtube channel. I would like to let them know i am here and still available for corporate buy out :p
Linus tech tips could buy you for Timelapse research
no need lol, your content is cool, like really cool
@@MrBlank-qk6zf what does that have to with anything haha
It's never worth it to sell out to corporate. Even 1 billion dollars. F' them. They are horrible in every regard.
@@josephmoore8864 If I got offered a billion there are very few things I *wouldn't* do.
I can only imagine what it’s like to run such a big organisation… you did amazing! Looking forward to the future of the channels.
Ayy Karl!
yo mah men pewdie pie whacha doin here... i love your videos keep exposing those scammers and fight for justice bro!!!
I'm not if he is not in the videos
He still owns the company and he didn't disclose the authority of his new role. For now, it's unlikely that he'll stop being in videos. You could also trust his word.
My comment is towards Potocki, by the way.
For real, I started watching LTT when I was 11, now being 24 I can say that I owe LTT so much. Just wanted to thanks Linus and the team for every single video
Bye Linus
same man!
Facts.
Linus is not leaving the company. He's going to be Chief Vision Officer (CVO). Also, he's still will appear on videos.
@@MarChannels thanks for replying part of the video
Bloody smart move. Recognising that you are burning out and doing something about it is a skill many need to learn. Creating the new position that lets you do what you love and making sure the team knows that YOU are not the person to run to every time something goes *spung* is a very, very smart move. Love your work and enthusiasm and happy that we will still be watching you into the future.
If only someone like Elon learned he should delegate more tasks and not need to be the CEO of his many many companies, maybe we wouldn't have a limping Twitter and Tesla's spontaneously combusting EVs...
@@Rodrigo-ei4ht I'm sure Elon knows that delegation is what he should have been doing, but when you believe wholeheartedly that you are the smartest man in the room at all times and the only one who can do the job properly ... 🤷♂️
@@AenesidemusOZ Your reply made me laugh so hard. A truer statement couldn't have been said. Yup that's the problem with "genius" without humility.
It's a stupid move. He should stay as CEO and simply hire more staff to complete the things he doesn't want to do anymore. Turning your company over is never a good idea.
@@jackshyt4 He remains the boss.
Rejecting a buyout offer of $100 Million is incomprehensible to an average individual. But the fact you would rather put your own company, your own UA-cam content, and the people working at LTT first, is the most commendable thing to do. You tirelessly peruse what you love, and your community will always be right there to cheer you on! We all aspire to be like you, and commend your efforts. *Thank you*
Well if was me i'm willing to sold my company for 100 million ..........
@@IbraNNB7 What if said company means the world to you and it's almost impossible to let go, not wanting to see it bought out by some big corporation and have it warped beyond recognition.
@@IbraNNB7 yes, you are the average individual.
its never easy either , always thinking you might have had it better with the funding . I support it all the way and recognize the "sacrifices".
Got to respect someone and their integrity that can take an offer like that seriously and turn it down. I honestly don’t know if I could of said No.
This was inevitable. The stress was noticeable. Looking forward to the 10 hour Wan show.
Why stop there? Let's make it a telethon, 24 HOUR WAN SHOW!!!!
TEN HOUR WAN SHOW. TEN HOUR WAN SHOW!
@@grendel3290if they did that it'd be hilarious of them to sleep on set with the camera on the whole time
@@beebfajeejy sleep? They don't need sleep
Continuous WAN until Dan finally snaps and commits gruesome homicide on live stream!
Congratulations Linus and Team! This genuineness is why I started following you. And why I never left. You are and have always been a fun and honest source of information for my projects. I’m glad to be apart of the community with everyone else. Best of luck with all the changes I look forward to what is to come.
This is brilliant Linus. Doing this shows just how skilled and aware you were as CEO.
I really didn’t expect not one but TWO ads in this “i’m stepping down” video 😂
Hey gotta keep the cash flowing
Have to make up for turning down 100 mil
Why would you have ads enabled on the internet?
@@Kaixfikwind I think he means the two ads in the actual video (Ridge wallet and Micro Center). Not UA-cam ads.
@@Kaixfikwind Because I'd rather not steal from those I want to support...
The fact he turned down 100 mil and saw his old boss as the perfect boss really show how truly he cares about the channel and his community
in other words, he's already loaded.
would be curious to see what copro scum offered Linus and Yvonne 100mil ( sorry if I spelled it wrong Mrs Sebastian )
@@The_Slavstralianwhy would they be scum for making an offer? Just because they offered to buy LTT doesn’t automatically make them scum.
I like to think that for most (stable) people, if you already have all the money you want, there is no incentive to get even more of that, specially considering you have to do changes you don't want to
Right... When you're even in a position to turn down 100 mil that says everything I need to know.
Dude, I've been watching for so long and seeing this steady dynamic growth of yours makes me so so happy. It's insane how much the entire company could keep from the original energy and morals of just you and the guys from back then- Love everything, keep going, hope to retire around the same time as you guys, looking back at how the tech information giant developed over 30-40+ years. SO exciting!
LINUS! You literally have been my pc tech guide over the last 10 years and to see the growth you've done since then is amazing. You set very high standards for what a man can grow in a 10 year span that I am looking to match in my own life pursuit. Thank you for being you and showing people that being a tech wiz is really cool. Well wishes and love from Southern Cali!
This is the kind of transparency I wish more creators had. Linus, you deserve every single bit of your success, and it makes me very happy to see someone so humble and honest. After all, true happiness can't be bought, cause you have to continue doing what you love, and all of us also love what you're doing. I wish you the best, and hope to see you on more videos!
Few people on this planet would refuse a $100 million offer to follow their values. That really shows your commitment to your company and to us, the viewers. Excited for this new chapter!
Can confirm. Would 100% sell my values for $100 million
@@AlexZSteinlauf you don't have millions of UA-cam subscribers though lmao
@@AlexZSteinlauf I would also sell this guy's values for $100 million
On the other hand, people often have expensive hobbies and passion projects, especially rich ones. So I think it just so happens that LTT is such thing for Linus himself.
Almost wish he had taken it, for his own sake. You just don't know what tomorrow will hold in the UA-cam world.
Incredible to watch Linus journey, pavin the way!
love ya stonie
Real recognizing real! Some of my favorite content creators right here.
Stoneee
Agreed 💯
Would be interesting to see who offered 100 million dollars to buy the company
Great to see someone accepting that there is something they can´t do well and need to find someone who can do it better.
That is a great step you are taking and a good example for sooo many people.
I really congratulate you that you seem to found someone you entrust and like to take over the parts of your job you do not really seem to like.
Congrats on taking LTT to the next level, while making sure you continue to have passion for the things you are and want to be doing.!! It's been great seeing the last 10 years.. can't wait to see the next 10 years!
Your decision not to sell out for $100,000,000 is incredibly inspiring. Thanks for being a pioneer in this space that truly cares about the community.
To me, this speaks Volumes to his dedication and care for All the lives that LMG/CW/FP as well as every viewer.
It's amazing how much money you can make in youtube. He has a 15 million sub channel and can get a $100 million offer. This explains why peeps like Mr Beast can afford giving away sports cars, houses, and islands in their videos.
As he said, he's more or less already living comfortably.
More personal money really wouldn't do much on that front, besides starting another business.
But why would he want to risk a startup if he's already got a successful one.
_A very large percent of startups fail_
Pretty sure Linux company can make 100 millions in the long run IF they haven't already. So not that big of a deal.
he is worth around 85 million already.
Not selling your soul for 100 mill is exactly why Linus is as big. He loves what he does and he's been the go to for information, it helped me get a career in IT. Looking forward to seeing where the channel goes
@Martin
No such thing as selling your soul, but you can sellout your character and position. For 100 million , I would sell the whole than Linus channel, and start a new one a few months later. Double the 100 million.
He's literally selling his company lmao
@@Oplix did you not watch the video?
selling what you created isn't selling your soul..... it is trading your value, for money which you buy value from someone else.
He is instead buying value, to give himself less work.
Both are awesome choices to have, this is why hard ass smart workers do so well in life, you make value, you get good options on what to do with that value.
@@Oplix no
Watching you since 2016! Have seen the total journey! The title and the thumbnail made me sad instantly but now I'm happy that you're putting the pressure off and you'll focus on yourself more! And as you said, we may even get to see more of you're content! Excited for it!
I love this channel even more now. Listening to someone who loves a company talk about stepping down so that it gets better is just so refreshing!
The business outgrowing the founder was spot on. You started this channel because you loved putting computers together. Unfortunately when a business expands, the founder loses sight of the initial reason why the business was started and they start having to just sit at a computer reading spreadsheets or inputting timesheets all day. Glad to see you have identified this and are transitioning back to a more hands-on, comfort role.
You may not think you are CEO caliber, but the fact that you made this decision shows you are a true leader and visionary. Best of luck for the years to come!
He dont think he is good ceo because he is surrounded by toxic people who wants to take over and run the show 👆
Definitely a difference between capability and interest. I am not fond of management either. Takes away from the time you have available for the fun stuff.
I am happy for you Linus and for all the team behind you. Your transparency has taught me a ton and I wish you all the best in this new transition. It's refreshing to see that there is still good people out there putting morals ahead of money! All the respect!!
Love your channel, a big honor to all you done and huge respect! Give yourself a rest and dedicate yourself to your lovely family and peace of mind!
That's not a step down, that's a step up. To be able to give up the duties of what you don't enjoy and focus on what you love is what we all aspire to. And to do it responsibly while considering your community around you is very admirable and mature.
I can't say it better.
Especially since Linus singled out the warranty kerfuffle with the backpack. Hopefully, an actual qualified CEO can avoid making the same dumb mistakes that Linus did.
i couldn't have said it better myself, this all the way.
@@TheLegendaryHackerLMFAO
FAX!
Rejecting a $100 Milion offer just shows how money cannot interfere with what he truly cares about. It says alot about his character and it’s highly admirable!
Shows he's a fool, but sure it's good for us random internet people and the fake parasocial relationship y'all think you have.
linus already have a lot of money. i dont think would change a lot.
@@guilhermehenrique-zj5tt What makes you say that?
Oh right, he fucking told you in the video.
Great thinking Guy!
Honestly, after 5M, it really just doesn't make any difference how much enjoyment you can get out of material things. It's being with people who value you and purpose that makes life.
Takes having a fricken soul to pull that. Most people don't. I'm glad he does.
Linus I've followed your videos since the old days. I'm so happy your in a place to make this move, you have done something few people ever do by creating something bigger than yourself and its a beautiful company. So excited for you!
Linus & Yvonne and your team, i wish all the best on your new path and may you flourish as you guys have over the years.
Its one thing to say you will never sell out, but its another thing entirely to say no to $100,000,000. Gigachad linus and ivonne!
It's wealth turning down a little more wealth. It's not like you or me turning it down.
@@JasonScalici 100,000,000 is 100,000,000 no matter how you cut it
@@JasonScalici Linus built this from the ground up. So... yeah, hate on him all you want, but he worked for it.
@@JasonScalici calling it just "a little more wealth" is a massive understatement. Guaranteed Linus has nowhere near that amount.
@@jnstruMENTAL Yeah but once you are already have 10+ million dollars in the bank and a giant house and super car, 100m is no longer life changing.
this is so cool - really excited to see how the role evolves for you
ali make more book reviews
Are you Ali Abdaal?
@@usaid3569 wel no shit sherlock
how that "stupid-sounding made-up role" evolves for you*
Ali considering the same thing.. 🤔
You're the only person to ever make tech videos in a format that I can easily understand. You've taught me so much about computers over the years, whenever I have a technical question that brings me back to youtube, I always get excited when I see you did a video on it because I know you consistently cover all the questions I have that no other channel seems to answer. Most of the time it's an incredibly frustrating experience trying to process and sift through all this information that most people throw at you in their videos, but you go out of your way to explain what it does and how it's relevant as well as showing us visually as much as possible even when it's a hassle for you to do so. Thank you man!
I'm so proud of you for choosing to take care of your mental health and happiness, bro. I think most of us who watch your videos are proud of you and totally support your decision. It also gives me a lot to think about in my own life because most people don't think of all the things that go on behind the scenes of running a business. You're a creative soul, not a manager. Go do what you love and do best, man!
Much respect here. I can completely understand seeing the many weaknesses we have. I have been leading an IT Department for the last year myself. I have had to learn tons of things. I am glad, your not walking away from the projects and channels as i feel it wouldn't be the same without you. Either super excited to see what happens next. my hat is off to you, Transparency is awesome to see even more so from bigger channels like yourself.
The fact that you turned down that much money and didn’t try to hide the money you already have to “relate” more with your audience speaks bounds. Much respect. There’s no shame in a man earning a honest living. You’ve built an amazing thing and happy to see you’ll still be involved!!
I completely understand it, tho. I mean, we wouldn't expect him to sell his mother or child either. Linus Tech Tips is his baby and he's not going to pimp it out for 30-pieces of silver. He's Linus Sebastian, not Judas Iscariot. So I completely understand why he turned down the millions.
Frickin' George Soros sold out his neighbors and countrymen for 30-pieces of silver and he's the worst lizard person we know about. Decent human beings don't behave that way. Linus is human and not reptilian. Thanks be to God!
I actually think $100M isn't that good of a deal, i would expect something more around $300M to $400M.
@@MaxIronsThird thats what im saying. With the views they bring in monthly i can see why they turned it down.
@@MaxIronsThird 100m is quite a good deal. Its very likely that Linus makes around 10 million a year and profit maybe 1m give or take. Just because he does brand deals every video does not mean they are high dollar because they are diluted to have been on their channel dozens if not more times.
Name one brand deal in which you buy from daily or weekly? There is none. FFS ridge wallet sucks, I do not need one and its been around for years and years and they still keep pushing it. Mirco Center is nothing special, There are only a 25 of stores across the whole country. The closest one to me is a 12 hour round trip. Unless you are building a computer yourself there is no reason to go to one. They stock limited stuff for any type builds. I had to go to that city couple years ago for something and stopped in to see if I could find any type of parts for a special build that I wanted to do. Nope they did not have anything. Its nothing like Radio Shack that has everything you can come up with. Amazon and Ebay are your friends when it comes to that kind of gear.
Their ads really suck and offer me nothing. How about offer something people will buy that is not some dumb software, video game and so on.
How about some type of candy, gum, soda, anything that can be bought from a name brand company or known website like ebay, amazon, walmart, target and so on. Using this link you will get this limited edition so on. Limit 5 per order and so on. People will jump to have a LTT edition something that cost the same or cheaper than the same product.
Lets just hope this new CEO gets some legit brand deals and make better stuff. I just think that they are missing out on the ability to sell merch.
@@kameljoe21 Seriously? GUM? CANDY? SODA? I would much rather have the other stuff than turning youtube into good ole ad TV with that crap. What's next, gambling websites? How about some vodka ads? Why not just jump straight to the pharma ads. Everyone loves those.
LTT's sponsors are fine. I'd way rather watch the ridge wallet ad or RAID shadow legends ad another ten times than see candy, gum or soda on there.
the transparency you have is unheard of for a company your size. Keep up the good work. We're all rooting for you!
We're also rooting for future Chief Hearing, Taste, Touch and Smell Officer!
Well they get paid for every video they put out, so it's profitable for them to be transparent.
I dunno, the Bykski video was just slating a company that has been putting out good stuff for years, and they say they are a leading tech review company, yet never heard of them.
I'm talking to you from a translator since I'm from Spain and I don't speak English. First thank you for all your work for me you are a source of inspiration because I love in the world that you move from computer science, I learn a lot from all of you and you encourage me every day since I have a chronic disease that limits me a lot and makes my days very difficult and I thank you very much my days are more bearable, but let's not talk about me anymore. You have made the best decision and first it is your dreams and health I hope that everything goes equally well in your lives and work. A big hug to your whole team and all your family. I hope you get to read this message just for conveying my gratitude to you.😊
Honestly Linus I love everything about LTT and what you’ve done for me and the community. There’s no telling how many days of my life I’ve spent watching and learning from you and the whole company. I really appreciate how good of a job y’all do and how fun y’all make it. I love all the hosts and vets there too. I’m glad you’re doing what you want to do. It has only brought success for LTT.
Congrats man, this is a big move! I hope you’re able to delegate effectively and really do what you’re wanting to do!
Love your videos.Always have learned from your video's.
Indeed
Beep bop... I'm the Philosophy Bot. Here, have a quote:
"To live is the rarest thing in the world. Most people exist, that is all"
~ Oscar Wilde
@@philosophy_bot4171 shut up bro
As someone who’s worked for a CEO who’s realized too late that he was out of his depth, this is the best thing anyone can hear from a responsible leader. It shows a true commitment when you’re able to lay your “baby” down and pass the reigns to someone who will nurture it better
Hire me pls
Same here. Most people think it's the end goal in life, but it comes with so manh challenges that not everyone is cut out for
With the way Joe Biden and his Democrats have Destroyed the Economy, I would say Linus made the Correct Move.. .
💯
my content is better
I'm your fan since NCIX and I've learned so much with you linus that i will take to my grave the respect, appreciation and admiration for you, your team and your work. You did amazing man and deserve everything good in this universe.
Congratulations, Linus, on stepping down as CEO. This decision speaks volumes about your love for both your people and your company. By putting ego aside, you are prioritizing the community and ensuring that they will benefit from your continued involvement. We greatly appreciate every single video you create, and sometimes we even utilize them as teaching tools for our students to expand their vocabulary. Wishing you a fantastic Wednesday and eagerly looking forward to watching more of your captivating, funny and insightful videos.
It takes a lot of guts to admit that you need help. ESPECIALLY when it's the company you built. You keep impressing me with your integrity and absolute dedication.
I don't think he did this because he necessarily needs help. It sounds to me like he just wants to focus more on doing videos instead of supervising the business.
@@GDRobbye Yeah in other words he needs help, because he can't handle being a CEO anymore otherwise he would get burnt out and destroy his company
@@GDRobbye that is surely a big part of it but he always said that he didnt like the administrative work all that much took away so much time from what he wanted to do and considering how fast LMG is growing i can only imagine that it is taking more and more time and i can only imagine the stress he been living under to do all of that and have time to stream PC builds and WAN show and all the videos etc
Linus. Congratulations on realising you are about to burn out and instead of killing the company in an epic implosion, and realizing (probably with help) you need to step aside and concentrate on what you best.
To Yvonne and the entire LMG management team. At least its somebody who you know has worked with Linus and by his admission can control him. 😊 Welcome Teren Tong to the insanity of Linus Tech Tips and the Linus Media Group as a whole. I hope that you will trust the management team in place that has survived this long with Linus in charge 😁😁. Can't wait to see what insanity he now gets upto with a little more time knowing he has another steady hand on the rudder.
I don't think he really needed any help. I just don't think he ever wanted to be a CEO, but didn't have anyone else he could trust with the task. On top of that he might have been worried about the financial stability of the company during a transition of power. So it's probably more that he was just waiting for the company to be stable and the right person to be available.
Being able to make up a position for yourself and then step down into it is literally and figuratively a boss move.
When an organization gets large enough it makes sense to delegate more and more. He can hire out for a CEO position to handle the day to day business admin side of things and still lead the company in a different way.
Wow this is such a great opportunity for you guys! I'm so looking forward to seeing what comes next!
It takes a big man to admit their limitations and look out for those around them by stepping back a bit. Mad respect bro.
Indeed.
It takes a big man to turn down 100 million dollars..
It’s not really a limitation it just sucks to manage business operations. Linus set things up for growth and is comfortable handing things off. He still owns 100% of the company though
@@rollerboogie It wasn't an insult. He said himself, he's a creative mind. Fixating on every little aspect of business isn't his jam. That's fine, we all have our limitations.
@@bunaventure2 Hahaha, that too!
Interviewing your old boss to be your new boss just sounds like a great idea.
@@CubicApocalypse128 linus still ownes the company so hes above even the ceo. but like he said hes no longer running day to day operations.
@@CubicApocalypse128 No you are incorrect he will not be over anyohe won. He has specifically said this in the video
@@jmoney228 Owner is still > CEO in this case. So if the new CEO does a shit job, Linus can fire him
@@RealWestCider exactly. Being a CEO and a driving force is EXCEPTIONALLY dificult. Plus being a CEO also has a lot of legal responsibilities.
Linus’s move is very well thought out.
@@jmoney228 CEO =/= owner.
It's a company, it's an entity with as much or more legal power than a person, but it's still someone's company.
He is essentially becoming the chairman and will have less control, legally speaking, but more influence than the CEO. Which means terren could make a real bad deal that can capsize it, or prove as Linus said to be a great leader.
Always enjoyed every piece of content you've ever put out, Linus. You are such a light in this community, and I'm glad you'll still be around to keep making content. Even more so, I'm glad you're looking out for yourself as well. Your mental health is the most important thing.
Much love for you and the LMG family. If there is one thing all of us as viewers have appreciated over the years, its your transparency and honesty in every aspect of your business. Please take care of yourself Linus, you more than deserve it (and we need you around to call out all the garbage😄). Mr. Tong has some very large shoes to fill, but we are all excited for this next chapter.
Linus rejecting a 100'000'000$ truly shows how much he loves this company and community.
I'm sure they make more than that amount in a year. 100m sounds cheap to offer LTT
@@FREDSTECHHUB fr expecially when they have random 30 million systems, laying arown
@@FREDSTECHHUB No way. At least not in terms of net revenue. Over several years? Maybe. But 100 million dollars a year is absurd - a company making that much (even in gross revenue I'd guess, though perhaps not if expenses are high) would be worth way more than 100 million.
Now the corona virus face is the CEO of Linus Gay Tips
well on the other hand if you have a certain amount of money, more money isn't really needed that much, if he already has all the imortant things, like he said ,what would more money give him?
on the other hand you have a compony you spent your live with, have a hundred people, not to mention friends.
my worth may not be that big but i wouldn't sell for a somewhat big amount of money (realistically for me) either.
I'm a dad of a tech kid. I wasn't into tech until my son was. He turned me on to your channel and a few others. Your content has literally been a key for this athlete dad to know and relate to his super tech kid. And still, this video is yet another point of conversion where I can discuss the character of integrity with him. LTT is more than a tech channel.
And you sir are an exemplary dad for putting in the effort to understand your son's interests.
W dad
awesome dad 👌
You are a great father :)
very well put and great fathering
You are one of the best channels out there. Here's hoping your channels prosperity with a new CEO Terren.
Congratulations on the new era . I hope everything goes smoothly . You guys deserve it.
Linus is a significantly smarter and more insightful man than most people give him credit for. A decision like this only proves this further.
@@ChrisM541 true, building 500$ PCs, building a laboratory that analyzes alot of tech product so companys have to actually hold their promises, what a fucking chill dude.
The dickriding is crazy
linus is one of the most serious guy who looked very casual in videos
Except he gave a prior Dell employee the role. The company totally wont go downhill. Totally wont try to adhere to new and brave status quo's that completely disregards the audience. Smart to put him on contract but overall very dumb, this business runs itself, there nothing special the dell guy is gonna bring to the table, and if anything he could get some corporate corruption to seep into your company, all it will take is those who would end his contract, will be bought by the guy and will go along with whatever happens. Happens every time.
@@Xio189 not really fair to reduce him to "the Dell guy" is it? What he (specifically) can bring to the table is being someone that Linus knows personally and has worked with previously. What he can bring more generally is off-loading "boring" executive responsibilities from Linus so he doesn't burn out. It'll be fine. This is the least bad way forward.
Linus when you refused that offer to buy your company out really showed your integrity. I am so proud of you sir
And then he put a corporate shill leading his company. Very dumb
@@Xio189"leading" You do realize he is still the owner and will be the CEO's boss, don't you?
@@craigape No he is not, he already said he would not get in his way. He bent over or bent the knee.
@@Xio189 ask yourself this: Can the CEO fire Linus? Can Linus fire the CEO? There’s your answer to who’s in charge.
Linus and Yvonne are the only two people on the board. They can get a new CEO tomorrow. Don’t confuse yourself with the title - Linus is hiring a COO, probably a damn good one, to run the day to day of the business.
@@Xio189 It's a stretch to say not getting in someone's way is the same as saying you'll let them take a company in any direction. One is not being a hindrance to daily operations, the other is not caring about daily operations. Don't confuse the two.
Ultimately, do what's best for you boss and we'll continue to be here to support you along the way. Being able to delegate things sounds like a great things for you and looking forward to the content you'll keep putting out!!
Thanks for all the years of your leadership and creative energy, Linus!
I don't think I've ever commented on any of your videos before but I've watched a ton of them and many in front of an appreciative student audience. As a Canadian high school tech teacher responsible for helping kids lay the groundwork for understanding computer technology I have really loved your content and my students have watched plenty of it in class or as "homework" to learn stuff from the basic to the advanced.
May you enjoy your new roles and your freedom from old duties -- and also the chance to work with an old friend!
WOW rejecting $100M is quite a hard thing to do. Linus, you and Yvonne put us, the viewers, and your staff before you. Thank you for your dedication over the past 10 years and I believe I speak for everyone that we are glad you will still be included in content created at LTT.
For real. If it was me, I would take the offer and use the time and money to focus on my passion and make far leer videos from the best beach house you can dream of.
Take it with a grain of salt. They've got money are are making more from LMG. As he said what would they do with it? A bigger house?
He's already worth something like 85 million. He just doesn't need the money when what he wants to do is keep making videos with his friends, so there's no reason to sell off what he built.
He's basically already got enough to retire, he works for fun, so why give up the studio and controls of the channels just for more money that he doesn't need.
@@YaceIsComing what do you think linus currently does? He doesn't need to sell out for 100M to create his ideal content, he already does that.
@@YaceIsComing that's the thing. Linus already has all of that
It takes a genuine person to turn down a $100 million buyout. Much love for you and the entire LMG team.
And takes someone with balls of steel to admit it to their customer base like that.
Hell yeah. I've come to Linus' channels for tech advice so many times over the years and it's awesome to see someone genuine, a team working on a passion project & not just driven by money.
Tbh, for how big ltt is, I think 100 millions is an order of magnitude lower than the real0 company's worth0.
Company is worth much more than that, that's why.
why selling for $100 million only to take away your free creative mind in your company that like your own family. then what you just retired and do nothing all the time. as long as he capable its okay to do this stuff. after all its not like they had other competition. like those online shopping killing everywhere. also, he had worldwide viewer supporting him.
Good luck with the new structure and hopefully you get more time to do what you do best.
1. It's AWESOME that you wouldn't sell out to a big corp! We need more companies like this.
2. Man, it would be so much fun to work at LTT as an electronics test engineer!
3. I'm happy to see more Microcenters opening they're truly amazing.
Don't skim over the fact that our man Linus here looked at a $100 Million deal and decided his community and the people that work for him are worth more to him. This man deserves everything he has achieved and more. Wp Mr. Linus you have been here for us we will be here for you. To the next decade!
He turned down 100 mil? Damn 😮
@@K4inan its in the video...
@@K4inan 3:55
The fact he just skimmed by that shows he is incredibly secure with his decision and it wasn't really much more than a blip
Turning down the money was the right decision. Morally and, I suspect, personally. I have real admiration for people who understand - and then back up their understanding via their own decisions and actions - that money really isn't the end-all be-all of everything. Not saying it doesn't matter and this isn't some kind of socialist rant, just an acknowledgement that there's more out there than the culture we currently live in wants to acknowledge (or pay cheap lip service to). Right on, Linus!
That's when you know you've really made it I'd say, when you can afford to pay other people to run your company for you and you can just do the parts you love. Well done and congratulations.
I think you can also say you made it when you get a 100 million dollar buy out offer but what do I know lol
@@Nallenbot Especially when you don't take it, partly to avoid changes to the motto, partly because you've invested into the future and are yet to see the benefits so you're actually undervalued.
And then it turns to shit.
zqz1
Congratulations Linus, both for you and your company. As a business owner, I respect the huge step you are making by handing the reins over to a CEO. It is definitely a sign of your company's growth, hard work, and relentless dedication. I am happy for you that you were also able to get the perfect person for the job!
Thank you for your dedication and hard work, it wont be forgotten but I'm sure others will agree with me in that we look forward to the next ten years !
Bro is absolutely rolling in cash and can now step back and actually enjoy it whilst doing more of what he loves.
Well played Linus, congrats on the success 👏
Well deserved, He shouldn't have to work to 65, He has done 65 years of work in the past 15+. I remember thinking "Wow, this guys got it" back when the team worked in a house, Now look.
Did you listen to what he said? It’s not about “enjoying his cash”, whatever that means. He doesn’t want to deal with managing the business.
@whatskrakalaken1940 and he can do it because he made enough money already... he deserve everything but poor people don't pay for a manager and "step down" when tired.
So rich you can work the job you want
Kind of a sad state if you think about it, anyone should be able to do that. Not detracting from him, he’s played the game and won, fair and square
Mad Respect to Linus for being able to admit that he has shortcomings, and being humble enough to step aside and allow somebody with strong suits to fill in.
We should all strive to be as honest with ourselves as Linus was with us just now..
Big ups to Yvon as well !
The tech king could not have done it without his queen.
Yes, he's great for being self-aware, but he's been self aware for a while though, it's just that this time the deal is possible to make
I basically started destroy my best time of life some 10 years ago and now managed to stop doing it anymore and I just say: put focus on important things and don't try to get everything and always. Life last longer, friends stays and much, much more.
I have watched this channel some time and I don't know why, but this isn't most biggest surprise.
That he could managed everything around he, in business and other means at this hectic world I just say
'Every one else would have failed or give up long time ago'
But I hope this channel have some basics from old even at new era. Something should go.
I will watch this in future as well, if I don't die before that. But living for life is everything.
You can't do EVERYTHING yourself in a growing company, even with your limitless energy. It's really insightful and props to you for acknowledging you need help before you burn yourself out and losing yourself in the process. Keep going strong Linus.
100 million bucks! Your integrity and enthusiasm when doing reviews once lead me to watch your stuff when this channel didn't even exist yet. Apparently your integrity and enthusiasm doing business is to match. I am truly impressed.
Let's be honest, this is less of a stepping down and a more of stepping aside. Linus will always be the brain of the operation, this is just a, "I want more time to raise my kids and spend with my wife." I 100% understand and I'm honestly happy to see it. Congrats man, this is the definition of making it. You've suceeded in your job. As long as we see you do some TechLinked videos I'll be super happy.
Yeah, i would call this delegation more than anything
@@simyou1219Ltt will always be an integral part of my life
@@JokeswithMitochondria ur usernamee made me cIick on ur profiIe. Wasn’t disappointed haha.
Although yes, a part of this is so he can spend more time with his kids and wife that’s not why he’s doing this he’s doing it because she makes Linus tech tips what it is but he doesn’t really know how to run a huge business like this, so he’s bringing someone who does, and he said he’ll probably be in videos MORE cause of this change so don’t you worry about TechLinked 😊😊
@@tastytizzler1383 yep
The fact Linus hired his previous boss and has been trying to for years seemingly says a lot about the kind of person Terren Tong is and I think we are in good hands to see linus media group continue to grow like it has been
yeah, not only being in the position to hire someone who was your boss at some point but also them being good enough to actually go after them is a super rare opportunity
can you make this comment even more corporate BS please?
@@johnpreston230 how about you stop being a dickhead, I’m just glad the company seems to be in good hands and Linus is still involved with videos.
Kudos to you Linus. Self care is vitally important to longevity and quality of life. Glad you have charted a path that allows you to take some of the pressure off, but still contunue to do what you love, AND preserve the family and business you have built. 👍🏽
true leadership shown by knowing when is the right time to give the reigns to someone else. I truly respect that kind of courage it takes to give full control of something you love and built, to someone else. Congratulations mate and looking forward to even more content.
When I saw the title, I was genuinely shocked and slightly scared, but when I clicked on it and watched it, I now feel like it was a really good decision. I was scared Linus would be off camera now, but when I heard he wasn't, I was really happy. Thank you Linus for all you have given us.
The fact that linus still owns the company is what made me feel better about this move.
@@jeraddavies3702 yes
@gozu this but also that's literally the emotion that the thumbnail is designed to evoke
same. this is actully great!
IDK, I saw the title and thought immediately back to that joke vid of Linus giving up, so the level of sincerity was hard to absorb for a bit
Linus you changed my life forever. I was mowing yards 3 years ago till I decided to watch a Linus PC build. 3 years later I'm an IT Tech Lead at a plastic plant. Thank you Linus from the bottom of my heart
the aplasticplant?
@@dylanstolemydrugs5331 you take plastic scraps, boil them. drain the water. plant the scraps in the ground. == Plastic Plant
I want to hear the the FULL STORY!
Changed your life 😂🥱😂🥱 wake up wuss
holy shit, well done!
The ultimate in owning your own business is having an exit strategy and knowing when to become a Founder instead of CEO. Congrats, few ppl get to be where you're at and it sounds like you're making choices framed around the people that have helped you grow the company and not so much focus on maximizing personal gain and profit. Mad respect.
All I care about is seeing you. I only chine in from time to time, but you are the main reason I love watching all this. You break things down in such a great way. And I don't think anyone else could fill that roll on this channel. You went from simple box open reviews, to sharing how quantum computing facilities operate. And you're the main person I want to see. I'm so happy that you have surrounded yourself with a team you can trust. And I also enjoy some of the other people on the channel. But you're way too good to avoid. I wanna see you man.
I have worked as an event manager for some major venues in Portland and Arizona. We have a small circle of venue owners and event managers. Anyone in the scene passes info along. If I run an event at a new venue, they check in with all the venues I've operated with if they don't know me already.
Quite a different scene, but feel free to bounce ideas off me. I think I could provide some value in how you operate this new change in your own events produced here on social. I can also provide info from some of the top organizers in this industry, that may give you some insight on how to manage this new shift in your growth.
As long as linus isn't leaving I'm not leaving. I owe you and the early ltt team so much you have no idea. You started me on the path I am today.
Never been so agree with one comment
This. LTT single handedly reignited my love of IT and I owe my career to it. I’m glad Linus did it this way, I’m excited to see what he can do now he has more dedicated time
Mad respect for turning down the $100M offer You guys are worth so much more to us.
You have to be obsessed with money to accept that. They already have a lot of money (and make a lot of money), they don't need cash and boredom.
I would’ve have taken that. 100M$ is bankkkkk. Linus would’ve retired himself, his children, and their children for generations lol
@@LaSombraa He would've but at the cost of the company he built up, 100 mil is great but he's going to continue to make more money and will likely have that when he retires. And it's not all about money, he's built this company with specific values and selling out would likely mean the downfall of what's he's built
@@LaSombraa I suppose there is a difference between offering an "average person" 100 million and offering a multi-millionaire 100 million. Linus just does not need the money, he is rich with a bussiness that does not seem to slow down.
He already hit the nail on the head though. If he sells the company he risks hating what it turns into and losing his purpose in life, is that really worth more millions when you already have everything you want in life and millions already?
glad you're carving out a new edge Linus!
Yoooo! I live in Indy and drove by that new Micro Center just yesterday!!
Have absolutely loved watching you and the rest of the team over the years. You're awesome, Linus!
so in basic terms, they've just made Linus' job as stress free as possible, I honestly see this as a massive thing for the future of the entire company
It almost seems like a going back to basics/roots kind of thing. A lot of the old (young) Linus energy and creativity is sure to come more often in all videos going forward.
It's great
This was the most wholesome thing i think you've ever posted. I respect the hell out of every decision you've made here and honestly it's refreshing that a CEO of a $100Million valued company can be humble enough to just be like "that ain't me, lets get a better suited guy!"
Literally, its time for the suits.
I wish more "rich" people would realize simply attaining more money is not helping anyone including themselves. It reaches a point where all that money is being used to simply make more money rather than improve your lifestyle or the community as a whole. Heck, it more often than not causes more problems than it solves because all that extra money could be going to other things that make life better for everyone.
let's*
@@JorgetePanete i.kym-cdn.com/photos/images/original/000/948/754/45f.jpg
Have been watching you since NZXT and moving to the new channel. I am happy for you and how far you came!! I am happy you will be leaving the crappy management tasks and focus on your creative side. Thank you Linus and Good Luck with whatever comes in the future!!
really happy for yall growth. this is a big step and i can't wait to see the future.
The fact you can tell how much happier and passionate Linus is about the new change fills me with lots of hope for the future!
Exactly this!
For sure, really hoping he gets more camera time from it
I'm honestly suprised it took them so long to do this. Ltt has been bigger than Linus can really manage all of for a while now. You can tell in the videos how stressed he's been. As you said he really seems like himself in this video, happy, hopeful, and energetic. That's the Linus we all love so I'm really glad this change is finally happening. I think its going to be great for Ltt.
this is awesome news for linus. he's achieved genuine success. he has enough money to live comfortably with his family, and now he is stepping down to focus on things that he enjoys. linus has officially won at life.
again, this isn't a video game. there is no winning or losing.
@@judenihal And yet somehow you're still losing the game
@@aetimes2 what game?
@@judenihal Yes there is.
@@rootbeer4888 with your logic, everyone’s a winner!
Man you deserve everything that you have built and I'm so glad that I have been able to just a small part of that journey. I hope that you are able to enjoy making videos much much more that ever before and keep making an amazing life for yourself and your family and providing the world with amazing tech advice and videos along the way
Good for you, best of luck on your new venture and hope it brings all the changes you and the company need!
The fact that he is hiring his old boss shows how big of a Man Linus has become! With humbleness and honesty.
Especially about how hard it is to manage him lol
But he still looks like an ickle boy version of a man!
Or, he's into R/prorevenge...
who wouldn't? think about how funny it would be.
Low-key patronizing
I’ve watched Linus since I was 12 (now 24), I remember looking for a mouse review and watching a video with Linus outside NCIX in a wooden bench showing the mouse, and I thought “this was really helpful, let me subscribe” and some days later I was like “People build their own computers?????” I’ve learned so much thanks to you Linus, not just about tech but most importantly about integrity, passion, effort, compassion, never losing your sense of humor and enjoying life. Even if we’ve never met, I’m really grateful Linus. I’ve lived by myself since I was 15, and as a teenager that felt alone with no direction, you really helped. You made a difference. Thanks Linus. 🧡
You look 30+bro
@@MrNanda38 what an inappropriate comment
@@NukeBomb87said no one ever
Man you make me feel like i am 16 again
This is a comedy channel with some fun interesting tech information thrown in, like 'if I wanted to WASTE 5 million dollars on 'netowrking' instead of just spreading files across more drives in each work station as 'shares', how could I find the most absurdly over-complicated '$olution' possible = that is 'Linus Tech Tips' =)) & don't 4get 2 shoot those fat ugly guys sitting in a chair at 12K resolution for youtube, as if 720p isn't good enough LOL
Following you since the beginning from Mexico, and take your role as tech expert as guaranteed because you always show integrity and the true facts for your opinions, glad to keep watching you here on UA-cam and the best wishes on this new era
It sounds like a strange thing to say to someone I've never met, but I've followed you for more than 10 years (back when you were doing review videos for that retailer), and I am so proud of you and your success. You set the standard. You are an industry staple. I wish you continued success in your future activities.
Yeah I got the feeling that Linus was always the on-the-grounds, getting your hands dirty, doing crazy things sorta guy. A true creator.
And despite all that, the sheer growth he made possible with LTT is just incredible.
Really happy to see this isn't the "end" but a new start for you Linus, I've come to you for years through your videos seeking advice and you have always been there with an answer. Keep being you, It's what the world of tech needs more than ever.
But what is linus tech tipd with the linus thought? 😢
@@Computment bro he literly sasid he still finna be in vids he even said he might appear more
if it was anyone but the person thats stepping up, it would open the door to a whole world of potential issues. the possibility of lmg being reduced to tech buzzfeed would leave a gaping wound in the tech community by in large. theres just no replacement for what linus has created, and the genuine nature of it. luckily thats not the case XD
At first my heart was broken, but after you introduced the new CEO and explained your background together I felt much better, excited even. It is a wonderful thing to be able to work with someone like that again
Congratulations, Linus Media Group. I am looking forward to the new chapter. It has been an amazing journey, and I'm sure it will only continue to be amazing. All the best.
I still have a pile of old LTT magazines shrink wrapped in a box somewhere.
Dude you are a household name, part of the family and a true gentleman. Best wishes for the future bro. Go and enjoy the rest of your time and be a bit shellfish. ❤