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Jobs wiped out the original Pixar engineers' stock options by selling the company, "Old Pixar", to "New Pixar", which he had created specifically for this purpose. It was a mere formality to him as he was the controlling shareholder in Old Pixar, just signing some papers. "As part of the reorganization, Jobs exercised a clause in the employee stock option agreements that allowed him to buy back their options at the original strike price, which was a pittance." *

[Charles Ferguson, High Stakes, No Prisoners pp 98-99]


It wasnt Pixar, but this exact thing happened to me as well. Founder blew tons of cash and needed to raise more so he cleared out the debt with 'new co'. Apparently his money was worth more to him than my 4 years of service.

https://news.ycombinator.com/item?id=19624164


Was anything mentioned about stock grants in "New Pixar" to the wronged employees?

I presume something must have been done to right the wrong at least with the important people, otherwise they would just walk out at that point.


Ferguson writes, "During the public offering, the underwriters forced Jobs to distribute about 15 percent of the stock among key employees, because nobody would have invested otherwise...but many were shut out entirely, including some who had spent many years creating the technology."


https://www.cfo.com/people/2016/10/ex-cfo-tells-fascinating-...

Despite long-promised stock options that Levy had earlier persuaded a reluctant Jobs to finally grant to Pixar employees, Jobs had retained enough shares that he was now a billionaire.


I'm curious if abuses like this would sink the company if they went viral (eg. no animator/programmer would want to work for the company or would demand much higher cash compensation) or if it would be a non-issue like Equifax (who didn't seem to lose significant business, despite taking a massive post-data breach reputation hit).

I'm curious if more information transparency change the employment market.


If your kid is vaccinated already, then what is the worry? They are immune; right? So your concern is primarily ideological.


Yes, it's 100% ideological. I don't want to associate with people who don't believe that vaccines are necessary to prevent illness. They probably have other beliefs that go against science and I don't want those people in my life, or my childrens' lives.


For individuals, vaccines aren’t 100% effective at preventing infection. Primarily, they are useful to increase the herd immunity of large groups, and limit the scope of outbreaks— this only works if enough of the community has been inoculated.


In every measles outbreak, some of the victims are indeed vaccinated. Being unvaccinated based on a whim (as opposed to kids with immune deficiency, on chemo, etc) hurts everyone.


The 'little girl statue' is the artistic equivalent of painting a black mustache on the Mona Lisa with a marker. Pure artistic vandalism.


https://en.wikipedia.org/wiki/L.H.O.O.Q.

I know it's not the same thing. But "the Mona Lisa with a mustache" is a work of art.

But I kind of agree with the artist. For some, the space where the artistic object is exposed is as important as the object itself. I can see that the statue of the girl changes the whole space and the bull statue.

I think this could be prevented if they would talk to Di Modica about the new status.


What?? No.

It is the artistic equivalent of putting a mustache sculpture in front of the Mona Lisa.


I have no idea how you could make that comparison. The original artwork was neither destroyed, changed, or touched in any way. It's not in any way like "painting a black mustache on the Mona Lisa with a marker".


Mashups are fine and I support them, fwiw. But putting 'her' in front of the charging bull is a deliberate attempt to change the meaning of his art. It is the attempt of a second rate artist to ride the coat tails of a superior artist. She gets instant notoriety for her work by, not so coincidentally, trashing somebody elses.


Changing the meaning of an existing piece of art isn't vandalism, it is pure art. As an artist myself I reject your claim that Di Modica is somehow a 'superior artist' just because he happened to have his work there first. Kristen Visbal came up with something everyone who sees it reacts to without needing an intermediaries to draw attention to or explain the semantics of her artistic statement, which is precisely the goal of art.


> Kristen Visbal came up with something everyone who sees it reacts to without needing an intermediaries to draw attention to or explain the semantics of her artistic statement, which is precisely the goal of art.

So a swastika on a war memorial is also "art"?


It's as if someone hung a picture of a moustache next to a picture of the Mona Lisa. No copyrights remotely violated.


It's closer to the equivalent of putting the "Three Soldiers" statue right next to the Vietnam Memorial Wall, except those are works of art that actually matter. I'm not so sure about the bronze statues in NY. If my Facebook feed is any guide, the bull is there because people get a kick out of being photographed next to giant testicles.


O/T I guess...Does Google have plans for FPGA instances preferably with design tools (for $.70 an hour :) !)?



Why are you posting anonymously? [EDIT: no, I don't go around clicking on profile links so some SJWs can accuse me of stalking.]


Clicking on the profile link:

"Co-founder and CTO at Whirlscape, makers of the Minuum keyboard http://minuum.com, xavier@whirlscape.com"

I'm not sure that's really "posting anonymously"


He's not. Did you click on his username?


He isn't his contact info is in his profile.


London was destroyed by mass immigration thanks to Blair wanting to rub our faces in diversity.

A young British soldier is butchered in the street with his head sawn off in front of everybody and you're complaining about your rent.


Help me out here. Are you genuinely saying that the economic conditions would be more favourable for the author if London were less diverse?


Prevent foreigners from owning property and we are done with the current boom.


you... you for real?


"White privilege." Fixed it for you.


because the virginal cubicle denizens of Silicon Valley daren't ask the question themselves.


Here's a nice use case example of using fpga to speed up an algorithm in a camera versus implementing in firmware.

http://wiki.elphel.com/index.php?title=FPGA_Development_in_E...

This wiki is a great resource for setting up a fpga tool chain on Xilinx.


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