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10 Things in Tech: High tensions at Mailchimp

Jordan Parker Erb   

10 Things in Tech: High tensions at Mailchimp

Hey everyone, don't forget it's Tax Day in the US. Tensions are running $4, and we're giving you a glimpse into Volkswagen's $4

Let's get started.


If this was forwarded to you, sign up here>$4. Download Insider's app – click here for iOS>$4 and here for Android>$4.


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1. At Intuit-owned Mailchimp, tensions are running high. A leaked email shows Intuit gave most Mailchimp workers $4 this month. But current and former employees said morale is still low at the email-marketing company, and that people, feeling belittled, keep quitting.

  • The pay increase came after a wave of departures as the once proudly quirky and independent company endured a rocky transition after the $4 closed late last year.
  • Employees said strong demand for tech workers and discontent with senior management has resulted in the string of key departures, especially in technical roles.
  • "Basically, every staff engineer I can think of has left," one former employee said.

Inside the discontent at Mailchimp.>$4


In other news:

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2. Spotify is launching a new app: Spotify Live. The new app lets users listen to live podcasts as they're being recorded, and chat with the hosts and other listeners. $4

3. DoorDash is changing the way it compensates employees in stock. To keep employees happy after a rough few months for the company's stock, CEO Tony Xu laid out a new two-year vesting schedule for equity grants, a big change from the company's previous policy. $4

4. Elon Musk said he doesn't own a home and crashes at friends' places. In a video interview with TED's Chris Anderson, the world's richest man also said he doesn't own yachts or take vacations —but has a plane to save time. $4

5. Some VCs aren't investing in Y Combinator's latest startups. Investors told Insider the accelerator's new investment terms had bumped up valuations to extremes, and now, some are reluctant to pay such high prices for seed startups. $4

6. Reddit's former CEO says if Elon Musk takes over Twitter he's "in for a world of pain." In a viral Twitter thread, Yishan Wong explained why he thinks Musk "shouldn't waste his time" on the platform. $4

7. Microsoft wants to bring ads to Xbox games. The company is working on a new program that would let brands place advertisements — which could show up as digitally rendered billboards in a car-racing game, for instance — in free-to-play games. $4

8. Apple workers in New York City are taking steps to form a union. Workers at Apple's flagship store in Grand Central Terminal have begun collecting signatures to form a union, The Washington Post first reported. $4


Odds and ends:

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9. We got a close-up look at the Volkswagen ID.Buzz. The modern version of the company's iconic hippy bus, the ID.Buzz has a bunch of funky features like phone-charging nooks, a removable center console, and special wheels to boost range. $4

10. This reporter explored Chipotle in the metaverse. One of Insider's retail reporters visited the fast-food chain's virtual location, and was transported to 1993, when the first Chipotle restaurant was opened. $4


What we're watching today:

  • Miami Tech Week continues $4
  • Bank of America, Charles Schwab, and others are reporting earnings today. $4
  • Today kicks off the IMF and World Bank $4
  • It's Tax Day.
  • The Washington Post is hosting $4 with Delta Airlines CEO Ed Bastian.

Keep updated with the latest tech news throughout your day by checking out$4 a dynamic audio news brief from the Insider newsroom. Listen here.>$4


Curated by Jordan Parker Erb in New York. (Feedback or tips? Email jerb@insider.com or tweet @jordanparkererb>$4.)

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