Sorta anecdote-y, but:
The engineers I know who have worked at Twitter generally have poor things to say about the company's "business culture" (i.e. product vision, execution on user-facing features, etc.) after walking away.
I would contrast this with, say, Amazon, or even Facebook, where people who left generally didn't *enjoy* working…
The engineers I know who have worked at Twitter generally have poor things to say about the company's "business culture" (i.e. product vision, execution on user-facing features, etc.) after walking away.
I would contrast this with, say, Amazon, or even Facebook, where people who left generally didn't *enjoy* working there over time, but they still felt like those companies got things done.
I would also say that private equity firms have a uniquely terrible reputation within tech — much worse than in most industries — and I would anticipate Elliott and Silver Lake's involvement to have a chilling effect on hiring even if they can get the stock to start working again. (To be fair, a non-working stock also has a chilling effect on hiring when half your total comp is in RSUs.)
I remember a mentor telling me early in my career: "the second you find out one of your vendors has been acquired by a private equity firm, you need 3 alternatives evaluated by the end of the next week and a migration plan in progress."
Whether or not that's a fair evaluation is an open question; whether or not that's the general feeling in the industry is something I can tell you is a fact. Keep in mind that a lot of BigTechCo Product Managers are hired out of HBS, GSB, Wharton, Sloan, etc and the best ones who don't have negative feelings about PE are probably just going to go work for a PE shop.
Sorta anecdote-y, but:
The engineers I know who have worked at Twitter generally have poor things to say about the company's "business culture" (i.e. product vision, execution on user-facing features, etc.) after walking away.
I would contrast this with, say, Amazon, or even Facebook, where people who left generally didn't *enjoy* working there over time, but they still felt like those companies got things done.
I would also say that private equity firms have a uniquely terrible reputation within tech — much worse than in most industries — and I would anticipate Elliott and Silver Lake's involvement to have a chilling effect on hiring even if they can get the stock to start working again. (To be fair, a non-working stock also has a chilling effect on hiring when half your total comp is in RSUs.)
I remember a mentor telling me early in my career: "the second you find out one of your vendors has been acquired by a private equity firm, you need 3 alternatives evaluated by the end of the next week and a migration plan in progress."
Whether or not that's a fair evaluation is an open question; whether or not that's the general feeling in the industry is something I can tell you is a fact. Keep in mind that a lot of BigTechCo Product Managers are hired out of HBS, GSB, Wharton, Sloan, etc and the best ones who don't have negative feelings about PE are probably just going to go work for a PE shop.