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Elon Musk makes $43B unsolicited bid to take Twitter private

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Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#831

I bet some of those who advocated "it's a private company, it can deplatform whoever it wants" are probably re-thinking their stance on deplatforming from a major social media.

This is extraordinarily vague, and so the replies to you so far have had to guess at exactly what you mean. Care to explain more clearly?

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#832

So Twitter was at $70 per share a year ago. So what? Jack Dorsey was CEO a year ago, too. The share price was $33 less than a month ago. But, despite an absolutely incredible roller-coaster news cycle, things have been definitely trending down at Twitter ($33/share last month), which was reflected in its share price. The current executive team (and Dorsey) had wasted time focusing on things that didn't matter instead…

Your logic would make it seem like a hostile takeover would be accepted with any premium, and companies routinely have to bid 40 or 50% higher.

Maybe it's different with a poison pill in place as the onus is on the board, but I don't think its obvious what the board should/will do

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#833

So Twitter was at $70 per share a year ago. So what? Jack Dorsey was CEO a year ago, too. The share price was $33 less than a month ago. But, despite an absolutely incredible roller-coaster news cycle, things have been definitely trending down at Twitter ($33/share last month), which was reflected in its share price. The current executive team (and Dorsey) had wasted time focusing on things that didn't matter instead…

Truth of the matter is before Elon ever gets Twitter another tech giant will buy it without hesitation.

They should sell to him because all he is doing is either buying Twitter at fair value or doing pre-launch hype for a competitor which will include the accumulation of other platforms including Trump’s Truth social, shit like substack, which he can easily get for less than 10 billion, Mastadon, etc.

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#834
post #827

Twitter is a mob launch pad. It's ran by outrage addicted, sadistic, cruel bullies. It's as if all of the world's village idiots joined forces and became the ruling class in culture and speech. It is Twitter that has normalized and promoted inhumane tactics like context switching, bad faith discussion, talking behind you to others instead of towards you (quote tweeting), screenshotting, obsessively digging through on…

I'm not usually one for this kind of schadenfreude but I find myself agreeing. It really can't get any worse.

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#835
post #577

So Twitter was at $70 per share a year ago. So what? Jack Dorsey was CEO a year ago, too. The share price was $33 less than a month ago. But, despite an absolutely incredible roller-coaster news cycle, things have been definitely trending down at Twitter ($33/share last month), which was reflected in its share price. The current executive team (and Dorsey) had wasted time focusing on things that didn't matter instead…

Would Elon reinstate Jack to set up a Steve Jobs style comeback story?

No post body was provided.

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#836
post #827

Twitter is a mob launch pad. It's ran by outrage addicted, sadistic, cruel bullies. It's as if all of the world's village idiots joined forces and became the ruling class in culture and speech. It is Twitter that has normalized and promoted inhumane tactics like context switching, bad faith discussion, talking behind you to others instead of towards you (quote tweeting), screenshotting, obsessively digging through on…

People have always engaged with other people like they do on Twitter.

You don't think even before social media there was a world where people spread lies about you, spread hatred and people who would do anything in their power to ruin your marriage, career or life in general?

You just see it more these days because it's more easily visible. It doesn't mean it happens more than it used to.

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#837

> "if my offer is rejected i will reconsider my ownership in twitter." Thats an immense amount of selling pressure on the stock... This is a threat. He's negotiating with a gun to their head.

Selling shares is putting a gun to their head?

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#838

Can anybody make a good argument as to why Twitter (in its current form) isn’t a major detriment to society? If Twitter poofed out of existence today, it would be a major win for this planet. People talk about a frightening future with a human hostile AI that wants to destroy humanity. That exists, it’s twitter. Elon buying it, even if he runs it into the ground is a good thing. Getting rid of some of the hostile AI…

Only 23% of the US public uses Twitter, and of that 23%, 80% of the posts come from about 10% of those users. These are the numbers I point to when people want to call Twitter the "modern day public square". I don't buy it, and think that the only real significant problem with Twitter is how much credence folks that are on it (including media personalities) give it.

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#839

I bet some of those who advocated "it's a private company, it can deplatform whoever it wants" are probably re-thinking their stance on deplatforming from a major social media.

Re-think? No. Move goalposts to "Twitter has no progressive bias" ? Yes.

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#840
post #827

Twitter is a mob launch pad. It's ran by outrage addicted, sadistic, cruel bullies. It's as if all of the world's village idiots joined forces and became the ruling class in culture and speech. It is Twitter that has normalized and promoted inhumane tactics like context switching, bad faith discussion, talking behind you to others instead of towards you (quote tweeting), screenshotting, obsessively digging through on…

I don't intend to refute anything you've written because I agree with pretty much all of it. But there is more to Twitter than that. Twitter is also a collective mind in a way that has only previously existed in science fiction. There are conversations about virtual reality where I regularly engage with people from Europe, Asia, the US, some people who don't really go out of their house but are very active on VR Twitter, displaced Ukrainian developers finding VR development work... and really thought-provoking interactions every week, like a "My Dinner with Andre" in the global hive-mind. I think of Twitter as something like "The Internet" or "nuclear fission" -- a tool so powerful that it can either destroy or save the world, and to just destroy it would be a catastrophic loss.
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