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Elon has decided not to join our board

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Re: Elon has decided not to join our board

#31

Post by axg11 »

pen2l wrote: post #25
axg11 wrote: post #9

A very odd set of events and no explanation regarding Elon's change of mind. A pessimist would think that Elon has decided to go for a "hostile" takeover since he is no longer bound by the percentage holding cap. An optimistic would think that Elon had enough self-awareness to realize it would be an overall distraction for Twitter with little benefit. It amuses me more than it should that the CEO of Twitter has poste…

> A very odd set of events and no explanation regarding Elon's change of mind. I don't know about the regulatory guidelines which would or would not have barred Elon from exercising any sort of control in the board, but my sources from Twitter are telling me that folks were not happy about the prospect of Elon wanting to change Twitter to be in his image and it's likely this that the higher-ups communicated to Musk a…

Elon's companies have a unique and very different culture in comparison to Twitter. Of course, Elon was not set to be CEO, but to your point, the prospect of "Elon-ification" of Twitter was going to upset a lot of employees.

The part I don't get: why is Elon still tweeting ideas for improving Twitter and shaking things up?

Re: Elon has decided not to join our board

#32

Post by skippyboxedhero »

PragmaticPulp wrote: post #11

It’s funny that the first paragraph of the letter says they believed it was best for Elon to join the board. Then the second paragraph says that Elon declined to join the board and they believe it was also for the best.

I have seen worse PR releases, I haven't seen worse PR releases from a company of this size and profile.

There is some kind of irony in a communication platform offering a presser that contains so little information and so many words...particularly as the platform limits the number of characters that users can communicate.

Really earning that $30m/year. I would fuck up an important press release for half that price.

Re: Elon has decided not to join our board

#33

Post by dragonwriter »

PragmaticPulp wrote: post #11

It’s funny that the first paragraph of the letter says they believed it was best for Elon to join the board. Then the second paragraph says that Elon declined to join the board and they believe it was also for the best.

Those beliefs occurred at different times (one is past tense, one is present tense.) And only two significant events are cited as happening between them: a background check and Elon deciding not to join the board. Either the basis of the change in belief is “whatever Elon wants is best”, that implies a background check problem.

Re: Elon has decided not to join our board

#35

Post by steve_adams_86 »

hsbauauvhabzb wrote: post #29

Is it ironic that a text image is used by Twitter to bypass character limits on a post? This has to be a usability nightmare for differently abled people.

There is decent alt text on the image, but I can’t speak to how well Twitter works with a screen reader in order to access it.

Re: Elon has decided not to join our board

#36

Post by onethought »

sircastor wrote: post #2

Was this all calculated stock manipulation? It feels like Musk’s modus operandi: 1: Invest in something, 2: Tweet about it. 3: Grossly violate FTC regulation, 4: profit

Does he do that?

What did he Invest in something/Tweet/Violate FTC/Profit from?

If you're referring to Tesla, you missed the part where he: Lead the delivery of a ridiculous amount of value to the company unrelated to any tweets.

Re: Elon has decided not to join our board

#37

Post by ROARosen »

PragmaticPulp wrote: post #11

It’s funny that the first paragraph of the letter says they believed it was best for Elon to join the board. Then the second paragraph says that Elon declined to join the board and they believe it was also for the best.

> they believed it was best for Elon

The way I understand it, they believed it was best for twitter (since as a fiduciary he would 'have to act in the interests of the company)

Re: Elon has decided not to join our board

#39

Post by voidfunc »

axg11 wrote: post #9

A very odd set of events and no explanation regarding Elon's change of mind. A pessimist would think that Elon has decided to go for a "hostile" takeover since he is no longer bound by the percentage holding cap. An optimistic would think that Elon had enough self-awareness to realize it would be an overall distraction for Twitter with little benefit. It amuses me more than it should that the CEO of Twitter has poste…

My bet is on the plan to purchase more of Twitter until it is all his. Honestly, he's probably a better suitor or steward for Twitter than any of the other dreck they've run out there since 2014.

Re: Elon has decided not to join our board

#40

Post by KerrAvon »

onphonenow wrote: post #7
sircastor wrote: post #2

Was this all calculated stock manipulation? It feels like Musk’s modus operandi: 1: Invest in something, 2: Tweet about it. 3: Grossly violate FTC regulation, 4: profit

The reality is folks valued his potential input. That said I think a board role was a bad fit. He'd have to agree not to acquire more stock (he could personally easily buy 51% of twitter - 4% of his net work probably). Also, he's too strong minded. A recap of his ideas: * A limited edit button. * Move it to a paid service * No ads to avoid corp pressure to censor voices. My guess - he'd be in a conflicted position if…

(a) He can quit the board anytime. “Potential“ is not inherently a conflict of interest.

(b) A social network full of only Elon Musk fans (maybe call it Government-Subsidized Emerald Mine) would be a pretty thin slice of humanity.

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