The Nut House Coup

Extracted Attributes

• Key Cause

  Strategic and substantive differences in leadership vision

• Event Type

  Internal leadership struggle, Coup

• Primary Outcome

  Removal of Elon Musk as CEO

• Company Involved

  X.com, PayPal

• Subsequent Leadership

  Peter Thiel

Timeline

• Elon Musk was removed from his position as CEO of X.com (which later merged to form PayPal) following an internal revolt, commonly known as "The Nut House Coup." Peter Thiel took over as CEO. The event was fueled by disagreements over the company's strategic direction and management. (Source: web_search_results)

  2000-09-01

John Jeremiah Sullivan

John Jeremiah Sullivan (born 1974) is an American writer, musician, teacher, and editor. He is a contributing writer for The New York Times Magazine, a contributing editor of Harper's Magazine, and the southern editor of The Paris Review. In 2014, he edited that year's The Best American Essays, a collection in which his work has been featured in previous years. He has also served on the faculty of Columbia University, Sewanee: The University of the South, and other institutions.

Web Search Results

• [PDF] The Founders PDF - Bookey

  Internal Conflict and Leadership Transition As dissatisfaction with Harris grew, significant figures within the company—including Elon Musk and David Sacks—initiated a revolt known as the "Nut House Coup." This culminated in a board decision to remove Harris from his CEO position, allowing Musk to take the helm. Musk’s leadership style contrasted sharply with Harris's more cautious approach, reflecting the team's preference for innovation-driven management. [...] Scan to Download Chapter 11 Summary : The Nut House Coup 11 THE NUT HOUSE COUP Overview of PayPal’s Early Success and Challenges In June 2000, users expressed their preference for PayPal over Billpoint on eBay message boards, highlighting its efficiency and cost-effectiveness. This user appreciation motivated the PayPal team through difficult times. However, despite early enthusiasm, PayPal faced significant customer service challenges as it grew, receiving thousands of calls and complaints [...] Aftermath and Relationships The coup created divisions within the company, causing emotional distress among employees. While some supported Scan to Download Scan to Download Musk, others believed the decision was necessary for X.com’s survival. Relationships evolved post-coup, with several coup participants forming amicable ties with Musk over time, and the company eventually recognizing his foundational contributions.

• Horizon Information Portal

  text txt | | | Media Type: | | | | --- | | computer c | | | Carrier Type: | | | | --- | | online resource cr | | | Notes: | | | | --- | | Description based upon print version of record. | | | Bibliography : | | | | --- | | Includes bibliographical references. | | | Contents: | | | | --- | | Building blocks -- The pitch -- The right questions -- "What matters to me is winning" -- The beamers -- Hosed -- Money talks -- If you build it -- The widget wars -- Crash -- The nut house coup -- [...] | | | --- | | Building blocks -- The pitch -- The right questions -- "What matters to me is winning" -- The beamers -- Hosed -- Money talks -- If you build it -- The widget wars -- Crash -- The nut house coup -- Buttoned-up -- The sword -- Ambition's debt -- Igor -- Use the force -- Crime in progress -- Guerrillas -- World domination -- Blindsided -- Outlaws -- And all I got was a t-shirt -- Conclusion: the floor. | [...] | Contents: | | | | --- | | Building blocks -- The pitch -- The right questions -- "What matters to me is winning" -- The beamers -- Hosed -- Money talks -- If you build it -- The widget wars -- Crash -- The nut house coup -- Buttoned-up -- The sword -- Ambition's debt -- Igor -- Use the force -- Crime in progress -- Guerrillas -- World domination -- Blindsided -- Outlaws -- And all I got was a t-shirt -- Conclusion: the floor. | |

• [S3E6] The Founders with Jimmy Soni

  I think it was like an 8% offer for the merged entity going to Confinity but then from there, then there's the Nuthouse coup and then ultimately Elon getting pushed out as well for Peter Thiel to come back. [...] Elon was pushed out as a result of the Nuthouse coup, I remember that he wrote that very it was a very decent and dignified exit email to the team, and some folks were even surprised about that. And I thought that that spirit of friendly competition was important for the company. The other thing you mentioned, too, is that a lot of the employees at either X.com or Confinity were recruited because they weren't coming from payments world, not coming from the financial services sector. [...] of the distant possibility of a third and there was a lot of what I describe as sort of like Game of Thrones kind of stuff that happened in the middle of the story. I tried to focus more on kind of what the strategic and substantive differences were across the leaders and less on maybe call it the personality conflicts. Because I think that at the end of the day, if you look at some of the coups that happened or near coups, they weren't really about people kind of being snarky. It was more

• The Founders Chapter Summary | Jimmy Soni - Bookey

  ### Chapter 11 | The Nut House Coup ### Chapter 12 | Buttoned-Up ### Chapter 13 | The Sword ### Chapter 14 | Ambition’s Debt ### Chapter 15 | Igor ### Chapter 16 | Use the Force ### Chapter 17 | Crime in Progress ### Chapter 18 | Guerrillas ### Chapter 19 | World Domination [...] ### Chapter 20 | Blindsided ### Chapter 21 | Outlaws ### Chapter 22 | And All I Got Was a T-shirt ## Similar Books ## Similar Books ## Description ## Readers Also Enjoyed ## Author ## Audiobook Online ## Summary PDF ## Summary ## Similar Books ## Description ## Readers Also Enjoyed ## Author ## Audiobook Online ## Summary PDF ## Summary ## Similar Books [...] ### Chapter 3 | The Right Questions ### Chapter 4 | “What Matters to Me Is Winning” ### Chapter 5 | The Beamers

• Jade Helm 15 conspiracy theories - Wikipedia

  generated conspiracy theories, mostly from Alex Jones,( that the exercise was a hostile military takeover.( [...] What links here Related changes Upload file Permanent link Page information Cite this page Get shortened URL Download QR code Print/export Download as PDF Printable version In other projects Wikidata item Appearance move to sidebar hide From Wikipedia, the free encyclopedia Conspiracy theories from a 2015 military exercise [...] Greg Capers, sheriff of San Jacinto County, published a letter in the _Cleveland Advocate_ (of Cleveland, Texas), in response to numerous phone calls from citizens, in which he criticized alternative news sources for spreading inaccurate information about the exercise, and encouraged citizens to "utilize legitimate mainstream news sources" for those interested in accurate information.( ### Politicians [edit]