Reply to Block fires 50% of company, stock up 25%

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[quote=Anonymous]For folks who dont know how Fintech works. The people who work there are most young, energetic and very qualified. Getting let go is a badge of honor and ex-coworkers are in a club.

My old ex very large pre-IPO now very late stage Finttech the ex staff have literally started around 40-50 new start ups and love to hire from my old company regardless if let go.

My old company I would see pictures on line of a company where most of room under 30, trendy, cool, hip and very very hard workers they get snatched up. It is not like a Fed job where letting go of 55 year olds with dated skills that are very Fed specific.

My old Fintech (even though not young), wanted me to set up a big thing very very quickly all by myself in a short time frame that would pass regulatory approval on first shot. I worked at two other Fintechs and one I did exact same thing they wanted done and to be honest I kept everything from prior job.

Those Block folks I am sure did the same      [/quote]

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