It'll Only Take a 'Few Years'? No duh!

Austin, Texas
July 13, 2020 9:30am CST
Some news headlines make you laugh. Like this one about a new startup which is a joint endeavor between Zukerberg and Dorsey. Apparently they bought a new company and hired this lady to run it. The headline says that she says she'll lead the company to profitability in a “few years”. A few years? NO duh! Yeah that's usually the typical amount of time a CEO gets before the real owners give 'em DA BOOT for not producing! Hope she saves her money from that sweet paycheck she'll be getting for about the next 3 years. Cause IF her labors don't yield “fruit” she will be sent PACKING!! *** Article in Business Insider: The new CEO of Intercom, a $1.3 billion startup backed by Mark Zuckerberg and Jack Dorsey, says she'll lead the company to profitability and an IPO in a 'few years' ~ businessinsider.com/new-intercom-ceo-karen-peacock-startup-ipo-2020-7 *** It's a brand new week folks. I'm getting my second cup of coffee on and browsing a few headlines. What about you?
5 people like this
5 responses
@LindaOHio (222527)
• United States
13 Jul 20
It usually takes a new company time to start earning a profit. I'm MyLotting and will start a new jigsaw puzzle today.
2 people like this
@lovebuglena (52189)
• Staten Island, New York
13 Jul 20
I wanna do another puzzle too. I think all I have left in the 10-in-1 box is two 100 piece puzzles. Those will be fairly quick.
2 people like this
@lovebuglena (52189)
• Staten Island, New York
14 Jul 20
@LindaOHio Sure would be nice.
2 people like this
@LindaOHio (222527)
• United States
13 Jul 20
@lovebuglena I wish the library had some.
2 people like this
@Suhendra7 (494)
• Indonesia
13 Jul 20
I like Business Insider's article, although I rarely checked it these days. This is new information for me Looks like Mark Zuckerberg is trying to build anything he can
1 person likes this
@arunima25 (93194)
• Bangalore, India
13 Jul 20
I hope she is able to deliver as she promises. It's 8 PM here. I am relaxing a bit with mylotting after dinner. Will clean kitchen, do dishes, iron few clothes before calling it a day.
1 person likes this
• India
13 Jul 20
Haha yeah they usually take years to do anything major and till then earn a lot from their salaries
1 person likes this
• Austin, Texas
13 Jul 20
A lady CEO was hired when Tumblr was acquired by YAHOO. She didn't really accomplish anything memorable because Tumblr execs were smart enough to sell Tumblr to another corporation. Verizon Media acquired Tumblr from YAHOO and then sold it to the owner of WordPress. So now the parent company of WordPress, Automattic owns Tumblr. Being a CEO for a few years is sweet if your company keeps getting bought and sold.
https://www.cnbc.com/2019/08/12/verizon-sells-tumblr-to-wordpress-owner-six-years-1point1-billion-deal.html
1 person likes this
• India
14 Jul 20
@cmoneyspinner haha true
1 person likes this
@Adie04 (17405)
13 Jul 20
News do know how to express bombastic words.
1 person likes this