Twitter Rant From PayPal Employee Leads To Firing

Twitter Rant From PayPal Employee Leads To Firing

A sleep deprived PayPal executive in New Orleans to enjoy Jazz Fest has been fired for letting loose late at night tweets insulting company executives.

Attacks VP of global communications

In the epic meltdown of rambling tweets, Rakesh “Rocky” Agrawal, who had been with the company two short months, called PayPal’s Vice President of Global Communications Christina Smedley a “useless middle manager” and a “piece of shit.”

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Another tweet where the target appears to be a misspelling reads: “People who should be fire from paypal Don Christmas a pool a kick.” According to various media reports there is no Don Christmas working at PayPal.

The following morning, when the haze of an altered state may have been breaking, Agrawal rethought his strategy.

Coherent tweets the morning after

Twitter rampage coherent

The often incoherent tweets and incomplete grammar usage from the late night rant stand in contrast to his coherent and button-upped apologetic tweets from the following morning. Agrawal’s apology strategy took two fronts.  First, the technology executive blamed the technology, saying he didn’t know the difference between a private message sent to a colleague and a public message sent through a tweet.

“Last night I was using a new phone that I bought because I wanted to test experiences on android. Those messages were meant for a colleague,” excuse number one said.

When blaming the technology doesn’t work, blame your altered state of mind.  His second tweet, sent shortly after the first, said: “Note to self: don’t test a new phone when sleep deprived after working your ass off for 20 hours a day while on vacation.”

The apologies fell on deaf ears, unfortunately for Agrawal.  Fighting fire with fire, PayPal’s communications / marketing team fired back on

Twitter Inc (NYSE:TWTR) in clear language hours later. “Rakesh Agrawal is no longer with the company. Treat everyone with respect. No excuses. PayPal has zero tolerance,” the company Tweet said.

Twitter Rant From PayPal Employee Leads To Firing

For his part Agrawal plans to flip the page and close this chapter in his life.  He is starting a new company in Silicon Valley that only hires people over 40 who didn’t work in the exclusive club that is Facebook Inc (NASDAQ:FB), Google Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) and other anointed tech elite domains. He is that company’s first employee.

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Mark Melin is an alternative investment practitioner whose specialty is recognizing a trading program’s strategy and mapping it to a market environment and performance driver. He provides analysis of managed futures investment performance and commentary regarding related managed futures market environment. A portfolio and industry consultant, he was an adjunct instructor in managed futures at Northwestern University / Chicago and has written or edited three books, including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008). Mark was director of the managed futures division at Alaron Trading until they were acquired by Peregrine Financial Group in 2009, where he was a registered associated person (National Futures Association NFA ID#: 0348336). Mark has also worked as a Commodity Trading Advisor himself, trading a short volatility options portfolio across the yield curve, and was an independent consultant to various broker dealers and futures exchanges, including OneChicago, the single stock futures exchange, and the Chicago Board of Trade. He is also Editor, Opalesque Futures Intelligence and Editor, Opalesque Futures Strategies. - Contact: Mmelin(at)
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