Hah! This is funny in all sorts of ways. Supposed "activist" investors settling for a quick ransom. Twitter paying the ransom by taking money from possibly worse people. Twitter paying $2 bn in ransom for Jack , the guy who is at best a half-time CEO, and who has presided over a mix of stagnation and deck-chair rearrangement. And of course the online panic that this was going to be a Trump-allied guy's way of dominat…
Is Jack too woke for you or not woke enough? Hard to make sense of your criticisms...what do you envision twitter should be?
Twitter, Elliott Strike Truce That Leaves CEO Dorsey in Place
21–30 of 107 posts
Re: Twitter, Elliott Strike Truce That Leaves CEO Dorsey in Place
#22Earlier quoted context omitted.
The founder Paul Singer was anti-Trump, but had since become a big donor[1]. It seems more opportunistic than an ideological shift, but I'm just speculating. When Elliot took the position there was some press that hinted that it was politically driven, but I couldn't find any reason to believe that over the obvious: that replacing an absentee CEO is an easy way to unlock value in a floundering company. 1. https://www…
Well before running for president Trump was a Democrat, let that sink in
Re: Twitter, Elliott Strike Truce That Leaves CEO Dorsey in Place
#23It's always been confusing to me what twitter is as a company -- it feels more like a utility, or like the public service part of 20th century journalism without the profit model In many ways it's more important to society than FB & G (picking them as the 2 of the big 5 that are pure information plays), in that it hosts semi-public conversations and helps experts stay informed Would be interesting for some small coun…
Network effects are pretty huge for these things. A country could e.g. spin up its own Mastodon instance, but good luck getting people to use it. The country-based LinkedIn might work, since that's inherently local, and lots of countries have some kind of state job advert service tied to their unemployment benefits. It would be a bit nasty to make "you have to be on BritLinkedIn to recieve unemployment benefit" a con…
https://www.gov.uk/government/news/jobseekers-required-to-us...
Re: Twitter, Elliott Strike Truce That Leaves CEO Dorsey in Place
#24It's always been confusing to me what twitter is as a company -- it feels more like a utility, or like the public service part of 20th century journalism without the profit model In many ways it's more important to society than FB & G (picking them as the 2 of the big 5 that are pure information plays), in that it hosts semi-public conversations and helps experts stay informed Would be interesting for some small coun…
> In many ways it's more important to society than FB & G (picking them as the 2 of the big 5 that are pure information plays), in that it hosts semi-public conversations and helps experts stay informed. Out of all interactions on Twitter I've witnessed, conversations comes to mind the least to describe them. It's either people screaming at each other which barely makes it past a scripted dialogue of replies, or it's…
Re: Twitter, Elliott Strike Truce That Leaves CEO Dorsey in Place
#25It's always been confusing to me what twitter is as a company -- it feels more like a utility, or like the public service part of 20th century journalism without the profit model In many ways it's more important to society than FB & G (picking them as the 2 of the big 5 that are pure information plays), in that it hosts semi-public conversations and helps experts stay informed Would be interesting for some small coun…
> In many ways it's more important to society than FB & G (picking them as the 2 of the big 5 that are pure information plays), in that it hosts semi-public conversations and helps experts stay informed. Out of all interactions on Twitter I've witnessed, conversations comes to mind the least to describe them. It's either people screaming at each other which barely makes it past a scripted dialogue of replies, or it's…
Unfortunately, this positive side of Twitter is not the one we all hear about all the time. We hear about the noisy, angry, spiteful side.
It would be nice if we could have one without the other, but these problems are common to most of human history, not just digital forums.
Re: Twitter, Elliott Strike Truce That Leaves CEO Dorsey in Place
#26Jack seems to understand that. I hope it doesn't devolve into a narrow reveneue maximizing ad-filled trashfire, but thats probably what the hedge fund will push for. I think it would be better off as a non-profit so they can get the paperclip maximizers off their back. Heres hoping Jack wins this one.
Re: Twitter, Elliott Strike Truce That Leaves CEO Dorsey in Place
#27Earlier quoted context omitted.
> In many ways it's more important to society than FB & G (picking them as the 2 of the big 5 that are pure information plays), in that it hosts semi-public conversations and helps experts stay informed. Out of all interactions on Twitter I've witnessed, conversations comes to mind the least to describe them. It's either people screaming at each other which barely makes it past a scripted dialogue of replies, or it's…
The length limitation makes proper discussions hard. I can't even discuss the Rindfleischetikettierungsüberwachungsaufgabenübertragungsgesetz a German law on labeling meat, https://en.m.wikipedia.org/wiki/Rinderkennzeichnungs-_und_Ri... ) in a tweet. Little space for more than a troll bit or a link.
Re: Twitter, Elliott Strike Truce That Leaves CEO Dorsey in Place
#28Earlier quoted context omitted.
> In many ways it's more important to society than FB & G (picking them as the 2 of the big 5 that are pure information plays), in that it hosts semi-public conversations and helps experts stay informed. Out of all interactions on Twitter I've witnessed, conversations comes to mind the least to describe them. It's either people screaming at each other which barely makes it past a scripted dialogue of replies, or it's…
The length limitation makes proper discussions hard. I can't even discuss the Rindfleischetikettierungsüberwachungsaufgabenübertragungsgesetz a German law on labeling meat, https://en.m.wikipedia.org/wiki/Rinderkennzeichnungs-_und_Ri... ) in a tweet. Little space for more than a troll bit or a link.
So you can.
Re: Twitter, Elliott Strike Truce That Leaves CEO Dorsey in Place
#29Earlier quoted context omitted.
The length limitation makes proper discussions hard. I can't even discuss the Rindfleischetikettierungsüberwachungsaufgabenübertragungsgesetz a German law on labeling meat, https://en.m.wikipedia.org/wiki/Rinderkennzeichnungs-_und_Ri... ) in a tweet. Little space for more than a troll bit or a link.
> Rinderkennzeichnungs- und Rindfleischetikettierungsüberwachungsaufgabenübertragungsgesetz About this soundlisten (help·info) (RkReÜAÜG) So you can.
Re: Twitter, Elliott Strike Truce That Leaves CEO Dorsey in Place
#30Earlier quoted context omitted.
Is Jack too woke for you or not woke enough? Hard to make sense of your criticisms...what do you envision twitter should be?
I don't think Jack is either woke or not woke enough. Twitter doesn't have a COO, but I do believe whomever is making day-to-day decisions at Twitter has a liberal bias. One need only look at the NY Post journalist that was recently suspended for tweeting a picture of the house Carlos Maza listed as an address while registering to vote, when nothing happened to Maza when he tweeted a picture of James Carville's home.