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vgr's profile
Venkatesh Rao
Venkatesh Rao
Venkatesh Rao
@vgr

Tweets

Venkatesh Rao

@vgr

Conversational account. For work follow @ribbonfarm, @breaking_smart, @artofgig. Tweets are 90% vacuous views, apathetically held. Mediocritopian. IKEA builder.

Los Angeles, CA
venkateshrao.com
Joined August 2007

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    Venkatesh Rao‏ @vgr Mar 22
    • Report Tweet
    • Report NetzDG Violation

    Venkatesh Rao Retweeted Mike Baker

    Boeing is gonna be in deep shit. Already reeling from max8 and likely effects of the airline demand crash. Now this. It’s too important to let fail... one of only 2 companies that knows how to make large jets. I’m guessing nationalizing is the answer.https://twitter.com/ByMikeBaker/status/1241883792471547905 …

    Venkatesh Rao added,

    Mike BakerVerified account @ByMikeBaker
    “Boeing Everett plant, please close your doors and shut down,” the man's brother wrote. https://www.seattletimes.com/business/boeing-aerospace/boeing-worker-dies-from-coronavirus-infection-at-everett-plant/ … by @dominicgates
    6:19 PM - 22 Mar 2020
    • 3 Retweets
    • 22 Likes
    • Sachin David McDougall तुम्हारा, सागर । Alex Schleber 👽😷 zem deeps Pat Larsen Andrew Bloomgarden Gunther Boogle
    5 replies 3 retweets 22 likes
      1. New conversation
      2. Christopher G‏ @galtenberg Mar 22
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        Replying to @vgr

        Wonder what their % of income from gov't contracts is - doesn't even require nationalization if the contracts can cover the payrolls

        1 reply 0 retweets 1 like
      3. Venkatesh Rao‏ @vgr Mar 22
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        Replying to @galtenberg

        Well not the airline business. Military is a different LOB except for the tankers which are airliner derivatives.

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. Carlos Mucha‏ @mucha_carlos Mar 22
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        Replying to @vgr @thezhanly

        Boeing will end up in Bankruptcy Court. Shareholders will get wiped out, lenders will take a haircut and Microsoft (w/ Uncle Sam’s encouragement) will buy it for a song. First decision will be to move Boeing headquarters back to Seattle.

        0 replies 0 retweets 1 like
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      2. Chris Owens‏ @LordScavamungus Mar 22
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        Replying to @vgr

        If by "nationalizing" you mean "given a trillion dollars while politicians complain theatrically" then yes.

        1 reply 0 retweets 0 likes
      3. Venkatesh Rao‏ @vgr Mar 22
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        Replying to @LordScavamungus

        No I mean literally turn into an FFRDC like Aerospace Corp or MITRE.

        1 reply 0 retweets 1 like
      4. Show replies
      1. cymru‏ @jjonesseattle Mar 22
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        Replying to @vgr

        Bailout inevitably but key to watch will be if funding includes buyback of distressed shares vs. infusing capital back into accelerated manufacturing. If learned anything from ‘08, buyback far less effective for Boeing to build more efficiently & bounce back than buying stock.

        0 replies 0 retweets 0 likes
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      1. Ben Kelly‏ @kellyreid Mar 22
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        Replying to @vgr

        we actually need to innovate past the large-format turbofan jet engines. those flying petri dishes are just out of date.

        0 replies 0 retweets 1 like
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