Shopify CEO Tobi Lütke and founder Austen Allred publicly called out The Globe and Mail for an opinion piece that framed Elon Musk's potential post-SpaceX IPO wealth as a reason to dislike him, with the article explicitly outlining ways to express animosity toward the coming trillionaire milestone.
You have absolutely disgraced yourself publishing this, globe.
We all clearly don’t hate the media enough.
Opinion: SpaceX IPO makes Elon Musk the first trillionaire. Here’s how to properly hate him https://www.theglobeandmail.com/business/commentary/article-spacex-ipo-elon-musk-trillionaire-trump-wealth/?utm_source=dlvr.it&utm_medium=twitter
SpaceX priced shares at a fixed $135 to raise roughly $75 billion in what would rank as history's largest IPO, implying a valuation near $1.8 trillion and lifting Musk's paper net worth past the trillion-dollar mark for the first time.
Lütke stated the newspaper had disgraced itself while Allred highlighted the piece's focus on channeling dislike toward Musk's wealth; it remains unclear how widely this framing resonates beyond the immediate X reactions.
Many users insulted Elon Musk and his defenders as they saw the Globe and Mail pieces as hate speech or resentment of success, while others praised Shopify CEO Tobi for boldly pushing back to support innovation and entrepreneurship.
You have absolutely disgraced yourself publishing this, globe.
We all clearly don’t hate the media enough.
* Correct quote is “politically left” not socialist. Point stands. Entrepreneurs take potential and turn it into value that’s added to the global GDP. They capture a small amount of that value in the process which is a big part of the incentive. The rest goes to others, employees, shareholders, government, suppliers etc.
You can always criticize them. You can always criticize the redistribution efforts. But you should always remember that without them, there is very little new value enters society and that locks everyone in zero sum competition, sometimes war.
Entrepreneurs are load bearing for human thriving. It’s a glorious act to put yourself out there and build a company that provides good and services to everyone. And Elon is the best entrepreneur that ever was. You don’t have to like him, and sure he’s crazy, but otherwise he wouldn’t do crazy things. Same coin, two sides.
At least they’re honest about their goals now
Opinion: SpaceX IPO makes Elon Musk the first trillionaire. Here’s how to properly hate him https://www.theglobeandmail.com/business/commentary/article-spacex-ipo-elon-musk-trillionaire-trump-wealth/?utm_source=dlvr.it&utm_medium=twitter
@tobi it's so strange to me to see this given that basically all of rural northern ontario was disconnected and now they have internet, education, resources available -- makes it clear that the ideological stance is not about helping The People as these communists claim, rather envy
You have absolutely disgraced yourself publishing this, globe.
We all clearly don’t hate the media enough.
@tobi @nikkharris These people are actually just shepherding in a new generation of moderates. Most people are smart enough to realize these people might actually be psychotic
@tobi @ezralevant What a bizarre headline
@tobi It's a little worse than just envy.. it's more a resentment -- an anger. Someone gave them proof that you can indeed help others, if you only tried
@tobi The state of modern media is a joke.
@hunkybill Because it’s 100% wrong of course. You can’t make someone racist by just saying it over and over.
@tobi @tobi defending the guy that went on a stage to do a Nazi Salute was in fact, on my Bingo card.
#cdnpoli #ottnews #ottpoli
@tobi @scoopercooper "Tone down the rhetoric" "Stop spreading hate" -every Leftist everywhere
@coreyh @tobi No, media has made the world worse, You are too conditioned to recognize reality any more. "Agree this is trashy", you expect us to fawn over you for your illusion of an agreement
@tobi Agree that this is trashy, but I think "hating the media" as a blanket concept has made the world worse not better.
@tobi They are not an independent institution. Our government defacto owns the media.
@tobi “How to properly hate him” from people that want to scream inclusion is rich
@tobi @scoopercooper
Concentrated costs vs scattered benefits and concentrated benefits vs scattered costs. Since humans tend to focus easily on the concentrated, this kind of mentality is common. But very, very wrong.
@nikolasbydesign @tobi "based"
you're about to turn 40 big dog enough of this
@tobi article is about him having unearned political power but you're like a libtard with the polarity reversed
@theweb3jess @tobi Does this mean you're not participating in the IPO? 😁