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The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
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We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
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I found someone more important than an entire nation
“Samsung Electronics vice chairman Jay Y. Lee will receive a presidential pardon, South Korea’s Ministry of Justice said, paving the way for the heir to the country’s biggest company to regain power at the top.”
Did you drop your cup yet?
With all the crypto news and markets tumbling, you probably don’t remember, so let me refresh your memory.
Couple of years back, there was a huge scandal involving the South Korean President Park Geun-hye.
As the first female president of South Korean, she set a few records and firsts.
She was the first female head of state in East Asia ever.
She was also the first president in Asia to get impeached while in office.
In 2018, she was sentenced to 30 then 20 years in jail and fined 18B won for corruption and abuse of power.
That didn’t last too long either, she was pardoned and released on compassionate grounds in 2021.
Surprisingly, for such an orderly and generally law-abiding nation, South Korea has long history of corrupt politicians, bad eggs in government and law-breaking leaders.
That massive scandal involved Jay, who was caught bribing Park.
Really?
The heir to the largest, most powerful company in South Korea gifting stuff to the President of South Korea.
How are we to believe such things won’t or can’t happen?
Ain’t it the norm?
Apparently Jay was so important to South Korea, they literally gave him a presidential pardon, took him out of jail, erased all criminal records, gave him the reins to Samsung back (and also the entire nation if we are being honest) and left everyone speechless in the process.
So the semiconductor industry is underwater now due to supply shortages, Covid, inflation and whatnot.
Sad, but really, who isn’t suffering?
I mean, from a convicted criminal humiliated in front of the entire nation, to literally given back the reins to one of the largest firms in history and making the president soft-beg for him to come back too.
How much of a flex is that?
Can one person really be so important to a country?
I mean, even if he really is that vital to a nation’s survival, does it warrant a presidential pardon?
Can’t we just take him out of jail for a few months and put him back when the situation is resolved?
Can’t he consult for Samsung virtually from jail, since working from home is all the rage now?
Is this unfair practices that goes all the way to the very top echelon of South Korea’s society or just that Jay is a holier-than-thou figure that is absolutely critical to the nation’s survival?
Either way, it is a miserable situation.
It reflects badly on South Korea as a nation and how much reliance they are placing on one person.
I try to be objective in everything I do, but I don’t quite see the justice and upside for anyone except Jay.
Is there a positive side to this I am missing?
Nobody should be above the law.
Or am I wrong?
-
Should Jay Y Lee, the grandson of Samsung’s founder, be pardoned?
-
#startups #business #startupx #growth #success #socialmedia #culture #web3 #samsung #jaylee #parole #presidentialpardon #president #southkorea #korean #semiconductor
I found someone more important than an entire nation
“Samsung Electronics vice chairman Jay Y. Lee will receive a presidential pardon, South Korea’s Ministry of Justice said, paving the way for the heir to the country’s biggest company to regain power at the top.”
Did you drop your cup yet?
With all the crypto news and markets tumbling, you probably don’t remember, so let me refresh your memory.
Couple of years back, there was a huge scandal involving the South Korean President Park Geun-hye.
As the first female president of South Korean, she set a few records and firsts.
She was the first female head of state in East Asia ever.
She was also the first president in Asia to get impeached while in office.
In 2018, she was sentenced to 30 then 20 years in jail and fined 18B won for corruption and abuse of power.
That didn’t last too long either, she was pardoned and released on compassionate grounds in 2021.
Surprisingly, for such an orderly and generally law-abiding nation, South Korea has long history of corrupt politicians, bad eggs in government and law-breaking leaders.
That massive scandal involved Jay, who was caught bribing Park.
Really?
The heir to the largest, most powerful company in South Korea gifting stuff to the President of South Korea.
How are we to believe such things won’t or can’t happen?
Ain’t it the norm?
Apparently Jay was so important to South Korea, they literally gave him a presidential pardon, took him out of jail, erased all criminal records, gave him the reins to Samsung back (and also the entire nation if we are being honest) and left everyone speechless in the process.
So the semiconductor industry is underwater now due to supply shortages, Covid, inflation and whatnot.
Sad, but really, who isn’t suffering?
I mean, from a convicted criminal humiliated in front of the entire nation, to literally given back the reins to one of the largest firms in history and making the president soft-beg for him to come back too.
How much of a flex is that?
Can one person really be so important to a country?
I mean, even if he really is that vital to a nation’s survival, does it warrant a presidential pardon?
Can’t we just take him out of jail for a few months and put him back when the situation is resolved?
Can’t he consult for Samsung virtually from jail, since working from home is all the rage now?
Is this unfair practices that goes all the way to the very top echelon of South Korea’s society or just that Jay is a holier-than-thou figure that is absolutely critical to the nation’s survival?
Either way, it is a miserable situation.
It reflects badly on South Korea as a nation and how much reliance they are placing on one person.
I try to be objective in everything I do, but I don’t quite see the justice and upside for anyone except Jay.
Is there a positive side to this I am missing?
Nobody should be above the law.
Or am I wrong?
-
Should Jay Y Lee, the grandson of Samsung’s founder, be pardoned?
-
#startups #business #startupx #growth #success #socialmedia #culture #web3 #samsung #jaylee #parole #presidentialpardon #president #southkorea #korean #semiconductor
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