He's also agreed to never own more than 14%, so effectively agreeing only to be a voice, not a wrecking ball.
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Elon Musk to join Twitter’s board of directors
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Re: Elon Musk to join Twitter’s board of directors
#62Elon Musk is this generations Steve Jobs. He has an enormous amount of influence with people 30 and under. His opinion of Apple will most likely sour when the Apple car comes out. If he really wanted, he probably could single-handedly bring Android closer to iOS in the US by changing his phone to Android and tweeting about it. I am not kidding. People worship Elon.
>If he really wanted, he probably could single-handedly bring Android closer to iOS in the US by changing his phone to Android and tweeting about it. Not even Elon could save that dumpster fire. Android is so bad that even Google doesn't want to use it anymore (see: Fuchsia).
NSA backdoored proprietary iOS vs Open source GrahpeneOS....
Re: Elon Musk to join Twitter’s board of directors
#63Earlier quoted context omitted.
Elon is his one of his new bosses, I would take anything the CEO says with a grain of salt.
I give his tenure as CEO 6 months at most before he's forced out by the board, or resigns for ideological differences. The changing wind that Elon is going to usher in is going to be fundamental and sweeping, and I wouldn't be surprised to see an exodus of employees follow.
This reminds me of a startup I've worked for, CEO highly praised new board member ("[..] worked hard for months to get him on board [..]") in all hands meeting, 2 weeks later CEO essentially was out.
Re: Elon Musk to join Twitter’s board of directors
#64Earlier quoted context omitted.
Yup, we actually need public twitters. Nothing fancy, no recommendations, not even sophisticated antispam, just simple follow list like rss with feedback. People can learn the self-curate
Sure but who owns and runs that? Who is responsible for the infrastructure costs, the operations of it, the uptime, etc.. The government? Which government? The Internet is global, so would you have a public Twitter for every country? How do you geo-restrict this then? Whose laws apply? How is it reported or enforced? Do we need "Twitter cops"? You can throw out easy answers all you want but it's actually a really com…
The govt, municipalities etc. Public spaces are public and the whole thing can be decentralized so it s not compute and bw heavy. It should be very cheap compared to e.g. roads
Re: Elon Musk to join Twitter’s board of directors
#65Quoted post unavailable.
So while this one-liner comment seems to be drawing ire, I do think it brings up a difficult point. As more and more of our civic discourse moves online, there are no "public spaces" online where the rule of law and public interest comes first. There is no town square, no soapbox in the park, no public access TV, or the ability for masses to organize and march or protest (or whatever the online equivalent is), with o…
We have never had a public town square larger than a literal town square, excepting maybe ham radio. Every other space has in some way been moderated or fashioned to purpose. Even public TV, news and radio are groomed to certain standards.
Re: Elon Musk to join Twitter’s board of directors
#66Earlier quoted context omitted.
Shareholders like him on the board, and they would be even happier if he were running the company, because an Elon-run Twitter would be a lot more profitable.
More profitable, more open, and more fair to all voices. Twitter has become a liberal vacuum that, as a liberal, has gone way too far to the left in silencing voices. It's not a private company, it's a public company, and I hope Elon turns it around into a true, free speech town square, instead of just an echo chamber for blue checks.
No, it is literally a private company. Which is why we are having this discussion based off of SEC filings.
Edit: sorry, I mixed up public company and public good. Twitter is a public company, but not a public good.
Re: Elon Musk to join Twitter’s board of directors
#67I am beyond tired of billionaires, who get to treat companies, public sentiment, and politics, and thus a fair portion of government and policy, as their personal sandbox. Greed and oligarchy are ruining America.
Agreed but I'm not sure how we can change it at this point. Our lives in the US are way too good for revolution. This move by him is strictly about not letting Twitter ever block his accounts. He can pump & dump and mislead investors for billions that will make him a lot more money than his Twitter stake cost.
Re: Elon Musk to join Twitter’s board of directors
#68Earlier quoted context omitted.
Shareholders like him on the board, and they would be even happier if he were running the company, because an Elon-run Twitter would be a lot more profitable.
> an Elon-run Twitter would be a lot more profitable. I'm not so sure about that. He doesn't have a lot of experience with running ad sales. His big breaks have been PayPal (kind of), Tesla and SpaceX. None of which were social, none of which were "free".
I’m not sure either (there is of course uncertainty). But in Tesla and SpaceX, he shows good management, while my (outsider) impression of Twitter’s is that it’s dropping the ball.
Also, I think Twitter was undervalued compared to its potential, and Elon wouldn’t be buying part of it if he didn’t think he could turn a good profit.
Re: Elon Musk to join Twitter’s board of directors
#69Earlier quoted context omitted.
That story has nothing to do with this one. Did you even read the above story?
Not directly, but my implication here is that Elon Musk is in the bad graces of the SEC of is being made an insider of another huge company who facilitated him falling out of favor with that SEC. It is Twitter saying they don't care about the SEC and don't see any potential conflict with empowering someone who flaunts SEC penalties. And also, that I would be 0% surprised if Musk did this out of spite.
I certainly agree that Elon Musk has a habit of flaunting SEC penalties, but I don't think this alone will lead to any real conflict. Things would be rather different if he started flouting them, of course.
Re: Elon Musk to join Twitter’s board of directors
#70This is the biggest thing to happen to twitter since the trump presidency. Both big for twitter, and awful for society.
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