*PREVIEW* This CEO Does Not Exist
TRASHFUTURE
TRASHFUTURE
4.7 • 935 Ratings
🗓️ 11 December 2020
⏱️ 10 minutes
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Summary
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| 0:00.0 | He says, we actually feel good about this dance we've taken overall in terms of valuation |
| 0:17.8 | or perception in the market. |
| 0:19.1 | It's definitely the case that we think some folks, such as this podcast, have misrepresented |
| 0:23.1 | the utility of what we do. |
| 0:24.9 | But the truth is, and here he says it again, demand has increased significantly in COVID-19 |
| 0:29.4 | is pointing out the fragility of global supply chains. |
| 0:31.7 | So you need me. |
| 0:33.0 | Yeah, that's all right. |
| 0:34.1 | He didn't say you need me. |
| 0:35.1 | Did he actually say that you need me, Bob? |
| 0:37.1 | He does say something like that later, though. |
| 0:40.0 | People are using us more and more, actually. |
| 0:43.3 | Basically, like, when it transpired that Simic was paying, like, small business suppliers, |
| 0:48.2 | like, way outside of its payment terms and using Green Sill to do it, causing a bunch of them to, like, close. |
| 0:52.4 | Awesome. Green Sill then finally created some rules about not doing that. |
| 0:59.6 | And then who knows if anyone's actually following them. |
| 1:01.9 | But they said in response to having to create those rules, Lex then said, |
| 1:06.1 | the last thing we wanted to do was state what our position was. |
| 1:08.9 | And then two minutes later, turn the tap off. And then you have a thousand businesses that go bust right away and then two minutes later turn the tap off and |
| 1:11.1 | then you have a thousand businesses that go bust right away. |
| 1:13.4 | Oh, don't turn the tap off, mate? |
| 1:14.8 | That would be terrible, foolish and somewhat self-defeating in terms of what we were trying |
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