Thread regarding 2U Inc. layoffs

Original poster is 100000% correct. Chip never cared. That’s why he was so emotional. To try manipulate and connect

The company should’ve been a 2-3block unit in VA or DC. No PG.

Chip recouped so many tax breaks from hiring people from Prince George’s County

My first interview question was: “do you live nearby to the office”

• Ofcourse I said yes. My 1:00:15commute later

I hope 2U sells the company for free to Elon Musk and he can make it a 100% South African company with hard working and confident employees. The best employees are long gone at 2U, the best worked for 2tor and John Katzman was the best CEO. The current C suite employees are there due to Nepotism. The regular employees don't do any work and are super lazy.

Well welcome to the real world! What was experienced at 2U was special and rare. Chip was a frat boy!

The party culture at 2U was too extravagant, but it wasn't as frequent as people may think. I'm not sure what people were doing at the top levels all the time, but down in the saw mills, we worked hard and didn't drink each and every day. But it was nice to come to work where there was a chance to have fun too, actually motivating.

We didn't have the money to party the way we did. Ultimately it was our downfall, not the culture itself. We just didn't need Diana Ross, Christian Aguilera, Michelle Obama, Harry Potter World, Mangos, Universal, Frida Pinto, TJ Miller, and others partying with us.

no one said paul lacks experience, we’re saying he lacks competence

if this is such a useless back and forth, you’re free to log off and go back to pretending to work for that massive bonus. i’d simp for half that much cash

You can have experience and still not be good at your job.

He spent 8 years as a CFO of a company that was acquired for $3B and you guys think he has no experience. Its not even worth arguing with most of the people on this board.

@jmj+1txGUv39

is that the same neustar that went public, acquired a bunch of companies, failed to consolidate them then had to be acquired by private equity at a fraction of their peak price?

i know i'm really stupid but gosh that playbook sounds familiar.......

https://www.investing.com/equities/neustar-inc
https://en.wikipedia.org/wiki/Neustar

The ignorance on this board is comical. Paul was very high level finance and accounting at Neustar.

Can someone verify whether Paul has any education in business and finance? His LinkedIn says he was a "Senior Manager" in 2000 (when he was 26 years old) but doesn't list any education or work experience before that, and I can't find anything from Google

pauls first update for the company last nov was that "the finances are a mess" and "we have to get the P&L in order".

paul was CFO under chip before he was CEO...which means paul was responsible for the P&L statements. i'm not talking about making financial decisions, i'm talking about the paperwork. his work was a mess according to his own description.

paul is good at one thing, giving himself and other execs giant bonuses. check out his work at his previous company, neustar. https://www.annualreports.com/HostedData/AnnualReports/PDF/NYSE_NSR_2016.pdf

what a cluster

It’s funny seeing everyone who made this company tank recruit each other at the next job 😂😂😂😂😂

Do you have any idea of how corporate structure works? Paul doesnt approve Chip's decisions. Chip makes the decisions, and if Paul doesnt follow orders he's fired.

Who approved all of Chip’s financial decisions? Do you even know how the company operates? Who signs off in Coupa? Paul.

Is Paul in the room with us right now? Can you see Paul?

Is it possible that they both su-k in different ways? Paul was not shy about enriching himself quickly while the ship sinks.

I’ll fight for Paul any day. He understands business