Former Carta CTO Suing Carta...

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  • Опубліковано 27 вер 2024
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КОМЕНТАРІ • 111

  • @MetroidChild
    @MetroidChild 8 місяців тому +64

    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 8 місяців тому +22

    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 8 місяців тому +170

    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 8 місяців тому +8

      wish this joke was ai-generated

    • @eni4ever
      @eni4ever 8 місяців тому

      ​@@kromkake666your reply as well

    • @tahamanna3600
      @tahamanna3600 8 місяців тому

      LMAO

    • @v2ike6udik
      @v2ike6udik 8 місяців тому

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

    • @khhnator
      @khhnator 8 місяців тому

      yeah who ever seen a streamer with normal hair?

  • @jarretthorton7439
    @jarretthorton7439 8 місяців тому +52

    Carta just didn’t have Tom

  • @d3stinYwOw
    @d3stinYwOw 8 місяців тому +8

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

  • @andythedishwasher1117
    @andythedishwasher1117 8 місяців тому +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.

  • @TheLucanicLord
    @TheLucanicLord 3 місяці тому

    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.

  • @NotMarkKnopfler
    @NotMarkKnopfler 8 місяців тому +17

    Just another day in an American tech company.

  • @germantoenglish898
    @germantoenglish898 8 місяців тому +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.

  • @GreedoShot
    @GreedoShot 8 місяців тому +1

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

  • @LanceBryantGrigg
    @LanceBryantGrigg 8 місяців тому +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.

  •  8 місяців тому +8

    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 8 місяців тому

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

  • @bepamungkas
    @bepamungkas 8 місяців тому

    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.

  • @alilhard
    @alilhard 7 місяців тому

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

  • @Scooplar
    @Scooplar 8 місяців тому +1

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

  • @orterves
    @orterves 8 місяців тому +1

    35:02 these are Stanford words obviously

  • @LeviNotik
    @LeviNotik 8 місяців тому +1

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

  • @tsalVlog
    @tsalVlog 8 місяців тому +2

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

    • @stephanbranczyk8306
      @stephanbranczyk8306 8 місяців тому

      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.

  • @ragectl
    @ragectl 8 місяців тому

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

  • @Luclecool123
    @Luclecool123 8 місяців тому +2

    The name is the bluehairagen

  • @RYOkEkEN
    @RYOkEkEN 8 місяців тому +1

    hhrr is always complicit with the c suite

  • @the_derpler
    @the_derpler 7 місяців тому

    aren't all externalities by their nature uninternalized?

  • @VV0RK
    @VV0RK 8 місяців тому

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

  • @MrEo89
    @MrEo89 7 місяців тому

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

  • @streettrialsandstuff
    @streettrialsandstuff 7 місяців тому

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

  • @kimono8413
    @kimono8413 8 місяців тому

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

  • @orionh5535
    @orionh5535 8 місяців тому

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

  • @conceptrat
    @conceptrat 8 місяців тому

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

  • @XantheFIN
    @XantheFIN 8 місяців тому +7

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

  • @fabbritechnology
    @fabbritechnology 8 місяців тому +1

    Blue hair when?

  • @andythedishwasher1117
    @andythedishwasher1117 8 місяців тому

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

  • @JuusoAlasuutari
    @JuusoAlasuutari 8 місяців тому +1

    But what and why is Carta?

  • @emeraldbonsai
    @emeraldbonsai 8 місяців тому

    the people team is ussualy just the new name for HR

  • @wurf5336
    @wurf5336 8 місяців тому

    12:12 must have been huge then xD

  • @cassandrasinclair8722
    @cassandrasinclair8722 8 місяців тому

    What you described is anarchism :D

  • @emeraldbonsai
    @emeraldbonsai 8 місяців тому

    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 8 місяців тому

      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.

  • @orionh5535
    @orionh5535 8 місяців тому

    Wow, henry is hardcore.

  • @kuhluhOG
    @kuhluhOG 8 місяців тому +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.

  • @TheKennyWorld
    @TheKennyWorld 8 місяців тому +2

    Aviato

  • @davidjulitz7446
    @davidjulitz7446 8 місяців тому

    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.

  • @truehighs7845
    @truehighs7845 8 місяців тому

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

  • @onegamingmoose
    @onegamingmoose 2 місяці тому

    This guy comes across as that smooth talking "business" man you should stay as far away as possible from. I can completely believe there's all kinds of messed up stuff going on up there. I just don't think he's the one shining exception of good, that he so desperately wants you to believe he is

  • @truehighs7845
    @truehighs7845 8 місяців тому

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

  • @mayormccheese8673
    @mayormccheese8673 8 місяців тому +2

    EEEEMOTIONAL DAMAGE

  • @TomNook.
    @TomNook. 8 місяців тому

    Silicon valley has turned so shady post COVID.

    • @evg3nius
      @evg3nius 8 місяців тому

      Post Covid 😂it was as shady before

  • @kasuto-no-machi
    @kasuto-no-machi 8 місяців тому

    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.

  • @jp263
    @jp263 8 місяців тому

    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

  • @brilliant-drink
    @brilliant-drink 8 місяців тому +1

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

    • @zyansheep
      @zyansheep 8 місяців тому

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

  • @robotnaoborot
    @robotnaoborot 8 місяців тому +1

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

  • @docmars
    @docmars 8 місяців тому +2

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

    • @lifelover69
      @lifelover69 8 місяців тому +3

      he's virtue signalling

    • @venus2677
      @venus2677 8 місяців тому

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

    • @SimonBuchanNz
      @SimonBuchanNz 8 місяців тому

      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 8 місяців тому +1

      Ikr? It's sooo dumb😅

  • @truehighs7845
    @truehighs7845 8 місяців тому

    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.

  • @N1c0_792
    @N1c0_792 8 місяців тому

    When did prime become so political

    • @dv_xl
      @dv_xl 8 місяців тому +2

      What do you mean

    • @venus2677
      @venus2677 8 місяців тому

      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.

  • @dickheadrecs
    @dickheadrecs 8 місяців тому +8

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

  • @orterves
    @orterves 8 місяців тому +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 8 місяців тому +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.

  • @themartdog
    @themartdog 8 місяців тому +4

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

  • @xxapoloxx
    @xxapoloxx 8 місяців тому +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  8 місяців тому +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 8 місяців тому +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 8 місяців тому +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 8 місяців тому

      @@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 7 місяців тому

      @@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).

  • @ianarmstrong9658
    @ianarmstrong9658 7 місяців тому +1

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

  • @mikapeltokorpi7671
    @mikapeltokorpi7671 8 місяців тому +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).

  • @blessedpigeon6304
    @blessedpigeon6304 8 місяців тому +7

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

  • @terrorblades10
    @terrorblades10 8 місяців тому +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.

  • @HyperionStudiosDE
    @HyperionStudiosDE 8 місяців тому +1

    13:10 it's called euphemism

  • @Therzok1
    @Therzok1 7 місяців тому

    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.

  • @k98killer
    @k98killer 8 місяців тому

    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.

  • @bobbelle1627
    @bobbelle1627 8 місяців тому

    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 (:

  • @snowSecurityneeded
    @snowSecurityneeded 8 місяців тому

    do the blueagen on stream live

  • @andru5054
    @andru5054 8 місяців тому

    😮😮😮

  • @LuisM_Santana
    @LuisM_Santana 8 місяців тому

    Henry = Gavin Belson

  • @javaman8844
    @javaman8844 8 місяців тому +3

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

    • @emcassi_
      @emcassi_ 8 місяців тому +5

      its bc hes a furry

    • @abz4852
      @abz4852 8 місяців тому +1

      it is related to tech

    • @elzabethtatcher9570
      @elzabethtatcher9570 8 місяців тому +2

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

    • @mattmurphy7030
      @mattmurphy7030 8 місяців тому +1

      They say there are no stupid questions but here we are

  • @rrraewr
    @rrraewr 8 місяців тому

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