The post includes tons of details about complicated things Patreon is doing to help out the people affected. Do those count for nothing to you? It feels like you are insisting not on "support" or "generosity" but on "sacrifice".
When you're +$400mil into venture capital raises 'the company' doing something like that can be an awful lot of time, effort and potentially political capital for a CEO to get through.
I'm astounded that so many supposed seasoned leaders were out there making crazy projections around maintaining covid levels of growth and I also don't think 'my bad' is enough in that context, but benefits above what's required are rarely handed over without someone committing to fighting for it.
I'd share your surprise; but, I sometimes question if they believed it themselves. I've spent the last 15 years in public companies and if there's one thing "The Street" demands, it's growth upon growth. The context of a pandemic being a once-in-a-lifetime event is meaningless. Your business experienced record growth and we expect you to continue that trajectory of increased growth no matter what--so get to investing for it!
I tend to think that non-profit-maximizing actions of a company are almost entirely due to top-down leadership, so I would give him credit for those actions.
Being responsible means being dependable, keeping promises and honoring our commitments. It is accepting the consequences for what we say and do. It also means developing our potential.
People who are responsible don't make excuses for their actions or blame others when things go wrong. They think things through and use good judgment before they take action. They behave in ways that encourage others to trust them.
People who are responsible take charge of their lives. They make plans and set goals for nurturing their talents and skills. They are resilient in finding ways to overcome adversity. They make decisions, taking into account obligations to family and community.
This guy literally made excuses for his actions: "broader economic slowdown"
"To ensure that we make progress on that roadmap, we are increasing our investment in product, engineering, and design, which means decreasing our spend on other ares[sic] of the company."
So it's not even a money issue. They have the money, they just want to spend it on servers and other people.
And finally, just so we're clear, I don't take umbrage with his decision and his plan for his employees. Hell, it's admirable, frankly. I take umbrage with his words. He's not taking responsibility. Responsibility means he'd cut his pay as much as necessary to keep these people because he misjudged the market and where it's headed post-COVID-19 lockdowns (since there is no such thing as 'post-COVID-19' - it's here forever now).
This is pretty classic example of wanting to have the best of all possible worlds.
"I want to be lauded for my graciousness. I want to be lauded for taking responsibility. I want to be lauded by my investors for a plan that grows the company."
That's why this is a load of horseshit. He's trying to please everyone. I have no doubt he probably agonized over this decision - I really do not; but he made it, and that means there are certain consequences with which he must live, one of those is that it should be clear to his employees that they will always take a backseat when the economic times get tough.
> The post includes tons of details about complicated things Patreon is doing to help out the people affected
I was under the impression we were addressing "Jack"'s claim to responsibility. I wasn't trying to comment on the actions of the company (which I fully admit is more compassionate in its layoffs than other companies would be).
