111–120 of 542 posts
Wait "contingent on a background check"? This is the founder of SpaceX a contractor with NASA and DoD and you're gonna run measly background check on him? He most likely has an active TS clearance and works with ITAR.
He's also been charged with securities fraud by the SEC and has a massive black mark on his record. Specifically related to content that he posted on Twitter. I guess that doesn't disqualify someone from joining the board though.
Be legally restricted by fiduciary obligations and prevented from purchasing more stock in order to gain... what exactly? Elon made the right call here.
Maybe we’re a bit biased about Elon.
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)
Earlier quoted context omitted.
Before, they believed it was for the best. Now, after certain events, some of which are spelled out in the tweet, they believe the other. Both are completely valid and do not contradict one another. And it's quite normal and acceptable to change your mind after you get more information. I think Foo is true. Let's see! I think Foo is not true after seeing new facts.
Yea definitely, still feels poorly written though.
If Elon was on the board, then he would be even more liable for what he tweets. And i think Elon wants more liberty to tweet without the sec on his back even more. Sounds like he has the best of both worlds holding the stocks and staying out of the board.
Earlier quoted context omitted.
Thanks for the diff! But for the love of god would you please enable word-wrapping? I'm so sorry to continue: please introduce some padding while you're at it; the text being so close to the window borders in stock emacs is so offputting. Signed with love, a recent emacs convert. edit: I see word-wrapping now, thanks!
I've uploaded a new version with word-wrapping. Sorry for that! Yeah, my emacs config is a work in progress.
And so it shall remain
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.
> [Face with Hand Over Mouth emoji]
You have no idea how much I hate this corporate speech of fried air and buttlickers
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…
> Employees raged on internal message boards, expressing fears Musk will sabotage their culture and make it hard to do their jobs
[1] https://www.washingtonpost.com/technology/2022/04/07/musk-tw...