Spence will receive a cash severance of $1,875,000, per SEC filings. He will also get $7,500 per month and serve as a Sonos board advisor until June, and his unvested shares will vest.
If I was this bad at my job, I’d be shitcanned with no compensation. It’s pretty cool how we reward failure at the highest levels.
The Peter Principle in practice. A Quibi exec is taking over for him, I shit you not.
Quibi?! The streaming company whose business plan was so bad it lasted like 6 months. That sure inspires confidence.
I feel like they couldn’t make things much worse apart from just making the app say, “Lol, fuck you,” every time you tried to do anything.
It’s so bad, I’ve mulled just trashing the one speaker I have that I didn’t even pay for, just to move to something better.
I just grabbed the old app from The Aurora store and told my speakers not to update their firmware.
I’m using my kitchen S5 exclusively in aux mode with a spare phone which runs the Malopieds fork of Innertune. It’s the perfect music kiosk / jukebox and I never have to touch their apps (unless I change up my network).