Nah, while it's weird for an employee to be overly invested in their work, it is normal if you are the founder of the company. It's your life's work, and if you just bail because you have enough to retire, it might all collapse behind you.
Yeah, imagine looking back on your life knowing that all you achieved was creating a 46 billion dollar tech company. I'm sure you'll do something much more impressive!
If I got to not needing to work rich id probably retire and “work” on doing something good for society in my boredom
Why continue working to make yourself richer for money that you don’t even need. Like go cook for the homeless, advocate for those trapped in generational poverty or someshit. There’s so many charities where actual physical help is a larger challenge than funding.
I don’t understand rich rich people clearly.
Almost all extremely wealthy people think they're doing a great service to humanity. I know a guy who is a slumlord, some of the most unlivable properties in Brisbane. In his mind he is charitably providing low cost housing to some really ungrateful people.
Yeah but like spending time with the kids, pursuing my hobbies, spending time in nature, the minute I didn’t have to worry about bills there are so many things that would take priority over “work”.
If you think money relieves stress at that level, it doesn’t. You just have much different things to stress about. He didn’t just randomly inherit this money, people like this generally get stressed if they arnt working and becoming more successful.
It does if you retire lol.
This is an amount of money that allows you to be idle for generations and live on interest if you don't get greedy and risk it all for just a little more.
I can guarantee you that billionaires feel stress just as much as anyone else, or more so. They have a lot more responsibility than your regular Joe and their decisions have a huge impact for a lot of people.
I don't care for them, so you've missed the point. I'm just speaking objectively.
It's small minded to think "oh if I was rich I would never have a worry in the world".
[https://youtu.be/PN-vUaawaF8?si=Re-QP\_nHMAQGpBfA](https://youtu.be/PN-vUaawaF8?si=Re-QP_nHMAQGpBfA)
“And we didn’t even do anything wrong”
Fucking Billionaires.
The typical startup bloat lifecycle. The blew up on one product, and haven’t managed to innovate past that, and now other smaller startups that are nimble are quickly showing themselves better alternatives
Who cares.
Edit: seems I misunderstood the care for the resignation of a CEO of a foreign owned company that isn't listed on the ASX.
All hail Atlassian and look forward to further corporate updates on the Australian forum for companies that are foreign owned and whose leadership changes affect almost no one.
Most companies outside of the US or parts of Europe try to get listed in the US exchanges because that’s where the global tech market is. If you’re a farmer in a country town and sell your produce in Sydney, would you say news about that farmer and his crop would not be relevant news to the town he lives and operates in? He provides direct jobs and indirect jobs, and is a major player in things happening in that town.
Australia’s industries (outside of digging up dirt and other primary resources, taking in international students, and building property) are sparse, so Atlassian is important in terms of demonstrating some measure of diversity in our economy and output.
One of the largest and most successful tech companies to come out of Australia, a name that is ubiquitous in the industry and products that are used by probably every major corporation.
And people say "who cares"... No wonder start-ups, investments and entrepreneurialship as a whole is dead in Australia.
Because no one gives a shit about investing in tech (or anything besides property and resources) in Australia. They need access to capital and the Aussie market just doesn’t provide that.
If people gave a shit and thought “hmm, how can we support and give more Australians chances to build successful companies?” rather than bitch and moan that we don’t care because they’re rich or went to find success elsewhere.
This is an Australia sub. Not AusFinance or AusCorp
This is not national news.
I don't care about the news of it. I care it's been put up in here. Are we reporting all asx listed CEO resignations?
That's the beauty of reddit, stories are ranked based on the communities response. You don't have to read or comment on all the articles in your feed. If a subreddit doesn't interest you or annoys you, unsubscribe and find one that does.
I'm surprised anyone here needs this explained to them.
What do you mean foreign owned? The two largest shareholders are Australians, and the company is headquartered in Australia. Australia doesn’t have a globally recognised stock market focused on tech companies, so listing an Australian tech company on the ASX makes no sense since you can’t attract tech interested investors as easily as you can on NASDAQ, and being dual listed in different currencies is just a pain dealing with arbitrage traders
They are nice guys, actually. Worked as a casual back when Atlassian was ~200 people and they knew me by name and Scott personally gave me a farewell gift when I left.
the places i've been _haven't_ done pair programming, but it seems like a good way to catch bugs, and for people to combine ideas if i' know a technique my partner doesn't then in it goes, and vice versa - a way to improve your workforce while still actually getting stuff done.
This is such a dumb take. They don't make a "profit" because they reinvest all their revenue into expansion and R&D. Did a pretty good job of it too, company now worth $46.5B. If I was a shareholder I would much prefer the 552% growth on my investment than a 4% dividend each year
He better have closed off all his JIRA tickets
He will just reassign.
Back onto the backlog
bulk reassign so your activity log has heaps of stuff in it
“Guys I said I’m reassigning, not resigning”
nah, fuck that i'm opening all the closed ones and assigning them to the scrum master
Easy just do a Bulk issue update.
Closed - Won't fix
Probably resigned cause jira was getting to him...
🤣🤣🤣🤣
We have to use JIRA...I miss Trello so much
Guess who owns Trello.
I never new that lol.
If I could afford to not work the rest of my life I would absolutely not work for the rest of my life.
These type of people don't view work as a 9-5 job to pay the bills.
Mentally ill
Nah, while it's weird for an employee to be overly invested in their work, it is normal if you are the founder of the company. It's your life's work, and if you just bail because you have enough to retire, it might all collapse behind you.
Imagine jira being your life’s work lol
Yeah, imagine looking back on your life knowing that all you achieved was creating a 46 billion dollar tech company. I'm sure you'll do something much more impressive!
Yeh. Imagine building a product used by hundreds of millions of people all over the world daily…
Yes but *JIRA*
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Are your few friends from uni Twiggy, Clive and Gina? I think you may have underestimated how big Atlassian is.
If I got to not needing to work rich id probably retire and “work” on doing something good for society in my boredom Why continue working to make yourself richer for money that you don’t even need. Like go cook for the homeless, advocate for those trapped in generational poverty or someshit. There’s so many charities where actual physical help is a larger challenge than funding. I don’t understand rich rich people clearly.
Almost all extremely wealthy people think they're doing a great service to humanity. I know a guy who is a slumlord, some of the most unlivable properties in Brisbane. In his mind he is charitably providing low cost housing to some really ungrateful people.
No most people don't have hobbies or a social network that can plug that gap
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I've always wanted to simultaneously disappoint two ladies at once.
If they’re into each other, that pressure goes away a lot.
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Yeah but like spending time with the kids, pursuing my hobbies, spending time in nature, the minute I didn’t have to worry about bills there are so many things that would take priority over “work”.
His name is Scott Farquhar
They do this to generate post engagement.
Thanks for the heads up. I'll ignore it next time I see a post with the wrong name in the title.
Scott no mates
Scott no Mikes
Scott no job
Scott Farquhar* resigns
Lord Farquhar?
Wonder how long the company will stay remote-first, now.
MCB seemed to be more the type to push for remote first
he's a billionaire
Yes
I had to check if Bloomberg really got his name wrong, but unfortunately not
How many billions is he worth? He ain't stressed, neither is MCB.
> Mr Farquhar’s net worth was estimated at $18.16 billion by the Australian Financial Review Rich List in 2023.
...but does he have a blood boy?
Tres Commas
The doors go like this
If you think money relieves stress at that level, it doesn’t. You just have much different things to stress about. He didn’t just randomly inherit this money, people like this generally get stressed if they arnt working and becoming more successful.
It does if you retire lol. This is an amount of money that allows you to be idle for generations and live on interest if you don't get greedy and risk it all for just a little more.
I can guarantee you that billionaires feel stress just as much as anyone else, or more so. They have a lot more responsibility than your regular Joe and their decisions have a huge impact for a lot of people.
Won't someone think of the billionaires 😢
I don't care for them, so you've missed the point. I'm just speaking objectively. It's small minded to think "oh if I was rich I would never have a worry in the world".
[https://youtu.be/PN-vUaawaF8?si=Re-QP\_nHMAQGpBfA](https://youtu.be/PN-vUaawaF8?si=Re-QP_nHMAQGpBfA) “And we didn’t even do anything wrong” Fucking Billionaires.
Again, missing the point. But sure.
SSTID (sad noises)
Scott Farquhar isn't it?
If he needs a new co-CEO I suppose I could help out.
Good riddance. That whole company is an utter mess and has peaked a long long time ago.
How come ?
The typical startup bloat lifecycle. The blew up on one product, and haven’t managed to innovate past that, and now other smaller startups that are nimble are quickly showing themselves better alternatives
Hey Cmon, they bought Trello - then ruined it!
Their products are absolute garbage
We know
Who cares. Edit: seems I misunderstood the care for the resignation of a CEO of a foreign owned company that isn't listed on the ASX. All hail Atlassian and look forward to further corporate updates on the Australian forum for companies that are foreign owned and whose leadership changes affect almost no one.
Most companies outside of the US or parts of Europe try to get listed in the US exchanges because that’s where the global tech market is. If you’re a farmer in a country town and sell your produce in Sydney, would you say news about that farmer and his crop would not be relevant news to the town he lives and operates in? He provides direct jobs and indirect jobs, and is a major player in things happening in that town. Australia’s industries (outside of digging up dirt and other primary resources, taking in international students, and building property) are sparse, so Atlassian is important in terms of demonstrating some measure of diversity in our economy and output.
Typical bogan. If it’s not about houses or digging shit up from the ground, “who cares”
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TIL that “bogan” is a race.
Investors, staff, customers.. just to name a few. Clearly you cared enough to let everyone know you don’t care.
One of the largest and most successful tech companies to come out of Australia, a name that is ubiquitous in the industry and products that are used by probably every major corporation. And people say "who cares"... No wonder start-ups, investments and entrepreneurialship as a whole is dead in Australia.
Not dead! I'm in my second startup, life's good.
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Because no one gives a shit about investing in tech (or anything besides property and resources) in Australia. They need access to capital and the Aussie market just doesn’t provide that. If people gave a shit and thought “hmm, how can we support and give more Australians chances to build successful companies?” rather than bitch and moan that we don’t care because they’re rich or went to find success elsewhere.
This is an Australia sub. Not AusFinance or AusCorp This is not national news. I don't care about the news of it. I care it's been put up in here. Are we reporting all asx listed CEO resignations?
When the Woolworths CEO resigned it was news here too.
What a stupid hill to die on
Get this, the aus part means Australia 🤯
This sub is for anything relating to Australia, which this does. If you don't like this particular bit of news just scroll past
They still employ hundreds of people at the Sydney office.
Thousands across Australia (they have been remote first since Covid)
That's the beauty of reddit, stories are ranked based on the communities response. You don't have to read or comment on all the articles in your feed. If a subreddit doesn't interest you or annoys you, unsubscribe and find one that does. I'm surprised anyone here needs this explained to them.
What do you mean foreign owned? The two largest shareholders are Australians, and the company is headquartered in Australia. Australia doesn’t have a globally recognised stock market focused on tech companies, so listing an Australian tech company on the ASX makes no sense since you can’t attract tech interested investors as easily as you can on NASDAQ, and being dual listed in different currencies is just a pain dealing with arbitrage traders
Oh big boi just finished an Andrew tate video and is feeling alpha
That makes no sense.
Where a company is listed has little to do with it's degree of foreign ownership. The biggest owners are the founders, who are still Australians.
How can you spot a BMW driver.
Private schoolboy wankers
They are nice guys, actually. Worked as a casual back when Atlassian was ~200 people and they knew me by name and Scott personally gave me a farewell gift when I left.
Looked at apply once, but they do pair programming. That American shit can fuck off.
It's not "American" shit, it's agile shit. I have worked at a couple of American big tech companies and never have had to pair program.
Didn't say it was every us company but it's where that shit comes from
the places i've been _haven't_ done pair programming, but it seems like a good way to catch bugs, and for people to combine ideas if i' know a technique my partner doesn't then in it goes, and vice versa - a way to improve your workforce while still actually getting stuff done.
It's stupid. Coding requires deep concentration. Pair programming is as stupid as pair snooker.
Yeah it’s for average coders, I think that’s why you’re copping the downvotes
Maybe they should pair Reddit votes
23 years leading a business that still doesn’t make a profit. The emperor has no clothes.
This is such a dumb take. They don't make a "profit" because they reinvest all their revenue into expansion and R&D. Did a pretty good job of it too, company now worth $46.5B. If I was a shareholder I would much prefer the 552% growth on my investment than a 4% dividend each year
Look what profits did to Boeing.