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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

#171

Earlier quoted context omitted.

Where have you been? The man lives to troll.

I'd argue he lives to be seen as a troll. As an actual troll he hasn't really done much but post tired memes until buying a large stake in Twitter. Time will tell whether he's actually going to do anything interesting with this stake but based on track record I'm going with no. Most of what qualifies him as a troll could be gleaned from a ten minute crash course in /b.

Well, is 'qualifying as a troll' really about appealing to the connoisseurs, the academy of trolling experts?

Or is it about making the most people the angriest?

It's like arguing about whether McDonald's is good food.

Some people think that suggesting an Edit button is telling.

"Here is the only imaginable use of an edit button. You post a tweet saying “I love puppies” with a picture of a cute puppy. A thousand people retweet your tweet; a thousand more quote-tweet it with comments like “what a good boi!” A week later, you edit the tweet to say “I think the Nazis got a bad rap,” with a picture of Hitler. Years later, a professor is denied tenure because someone digs through her old tweets to find that she called Hitler “a good boi.” This is absolutely the only purpose for the edit button, and oh man does accomplished Twitter troll Elon Musk know that. "

(Matthew Levine last week)

Re: Elon has decided not to join our board

#172
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…

Perhaps a realist would suspect that Elon is mercurial and easily bored.

Re: Elon has decided not to join our board

#173
post #54

Earlier quoted context omitted.

> An optimistic would think that Elon had enough self-awareness to realize it would be an overall distraction for Twitter with little benefit. Assuming Musk did take over Twitter, he wouldn't need to be much of a distraction. He could dictate a few rules (don't moderate Twitter, don't ban anyone, etc.) and then leave the company to function as it did before. I think what he doesn't realize is that reducing moderation…

I don't think Musk's ideas about free speech extend to allowing unfettered botting.

Comment isn't referring to spam bots, but the bot networks used for astroturfing.

Re: Elon has decided not to join our board

#175
post #158

Earlier quoted context omitted.

> The fact that they weren’t running for the hills says a lot about their leadership. None of that matters compared to the fact that he is the largest shareholder.

Curious why 9% matters when 50%+ is required.

50% is required for total control, but partial control is still very powerful.

Owning 9% of a company's stock still gives a lot of votes. 10-20% is enough to enable an activist investor to really be a pain for a company. Even as little as 5% is enough that the SEC requires special forms to be filed because of the power that gives to an individual shareholder.

Elon presumably wants influence over Twitter, without the responsibility of running Twitter. He can get that with a lot less than 50% -- in fact he may have already achieved the level of influence he wants, and one sign is that Twitter feels the need to make public statements about it.

Re: Elon has decided not to join our board

#176

Serious question: Who cares? I am not trying to make a joke or seem edgy. Literally, what group of people is actually impacted by this by first or second order effects of…whatever the hell this story entails? In other words, this is on the front page of hacker news. Why?!

Twitter users.

Twitter employees.

Twitter investors.

Twitter board members.

Elon fans.

Lots of people. Weird question. If you don't care, move on.

Re: Elon has decided not to join our board

#177
post #94

Quoted post unavailable.

Good little rule-followers rarely do anything important

That's just wrong. Scientists using to the standard academic processes (aka rules) are advancing humanity a lot farther than some rogue US CEOs ignoring laws from push their stocks. Those CEOs build on this science and even promise results before science advanced far enough.

Re: Elon has decided not to join our board

#178
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…

Perhaps a realist would suspect that Elon is mercurial and easily bored.

He probably does some trolling on purpose, too, and this might be one of those times. It really is hard to tell.

Re: Elon has decided not to join our board

#179

Earlier quoted context omitted.

He did not pass the background check because he claimed to co-found Tesla. Here: https://www.tesla.com/elon-musk -- "Elon Musk co-founded and leads Tesla" But actually he wasn't a co-founder. He simply bought shares of Tesla 1 year after it was founded. This is the red flag, so he failed the background check. True story.

>A lawsuit settlement agreed to by Eberhard and Tesla in September 2009 allows all five – Eberhard, Tarpenning, Wright, Musk, and Straubel – to call themselves co-founders.[15] https://en.wikipedia.org/wiki/Tesla,_Inc.#Founding_(2003%E2%...

That is so twisted.

Re: Elon has decided not to join our board

#180
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…

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