OT Musk/Twitter - The Great Experiment

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SlyPokerDog said:
He should become a shareholder and find out.
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That would mean he'd have to actually follow through with something, instead of just being edgy.
 
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ABM said:
Apparently, he has a Plan 'B'. He's not immediatley disclosing what that is, though.
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He has 8 kids. I don't think he knows about Plan B.

barfo
 
"Free Speech" Hero Elon Musk Likes Donating to Pro-Censorship Politicians

 
The more I look into this the more I'm with Musk on it.

Musk has proposed:
-Open source the algorithm
-Remove bots and fake accounts
-Place a priority on following the law
-Grey area posts will be allowed
-Banning would be restricted in favor of temporary time-outs.
-All corrective actions and removals would have public traceability and explanations of the review process

I'm actually liking it.
 
https://finance.yahoo.com/news/twit...-elon-musk-former-sec-chairman-163756232.html

Twitter board gets an 'F' for dealing with Elon Musk: former SEC chairman

Twitter's board (TWTR) is doing a terrible job handling the Elon Musk situation, said former SEC chairman Harvey Pitt.

"I would give Twitter's board an F," Pitt said on Yahoo Finance Live. "I believe under the circumstances, they needed to check out whether this was a real bid. If it were a real bid, then they needed to do what was in the best interest of their shareholders. This is a price that hadn't been seen in quite some time. The number is at least a legitimate frame of reference and the board's unwillingness to treat it seriously strikes me as worthy of a poor grade."

The Tesla CEO, who has a 9.2% stake in Twitter, offered to buy the social media platform for $54.20 a share last week. Musk believes the platform should be less reliant on advertising sales and better police its content, among other initial ideas from the unpredictable visionary.

As to be expected, Twitter is hardly embracing Musk's arrival.

Soon after Musk's bid, Twitter said it along with its board of directors "will carefully review the proposal to determine the course of action that it believes is in the best interest of the Company and all Twitter stockholders."

Twitter has since enacted a poison pill to keep Musk from acquiring more of the company.

"We believe the latest development, if anything, is a major distraction for Twitter's management team and further casts doubt on Twitter's ability to achieve its aggressive FY23 mDAU and Revenue guidance (315 million mDAUs in Q4’23 and $7.5 billion plus in revenue for full year 2023), which we are fundamentally cautious about," warned Deutsche Bank analyst Benjamin Black.
 
https://www.cnbc.com/2022/04/18/twi...oard-musk-says-they-own-almost-no-shares.html

Ex-CEO Dorsey criticizes Twitter board; Musk says it ‘owns almost no shares!’

Former Twitter CEO Jack Dorsey criticized the company’s board in a series of tweets on Sunday as the group is now tasked with evaluating a takeover bid from billionaire Elon Musk.

Responding to another Twitter user describing the “plots and coups” that played out early on in the history of Twitter’s board, Dorsey replied, “it’s consistently been the dysfunction of the company.”


Earlier, he responded to another tweet in the same thread. It quoted venture capitalist Fred Destin citing what he called a “Silicon Valley proverb”: “Good boards don’t create good companies, but a bad board will kill a company every time.”

Dorsey responded, “big facts.”

Dorsey still sits on Twitter’s board but plans to leave once his term expires at the 2022 meeting of shareholders, which is scheduled for late May..............
 
ABM said:
All cats are female to me.
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Wow. So you wanted to meet up with someone you thought was female for drinks that isn't your wife? What would your wife think of that? That's not very Christian of you. Gotta watch out for that temptation!
 
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