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Twitter set to accept Musk's $43B offer – sources

reuters.com

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Re: Twitter set to accept Musk's $43B offer – sources

#11
Twitter was dying anyway and it needed to be saved from itself. With Jack leaving, earnings around the corner and with this final offer. It was exactly what they needed as if they rejected this only offer, it will certainly crash the stock anyway with little room to recover.

As much as the rats don't know where to jump for alternatives perhaps it's better to just sit on the sinking boat to see how far it goes before it has completely sunk or whatever refloats their boat.

Re: Twitter set to accept Musk's $43B offer – sources

#12

I feel like we’re going to look back in a couple years and mark this as the beginning of the collapse of Tesla. Musk is already spread thin, now he’s so unfocused and undisciplined that he’s unable to stop himself from buying an irrelevant social media company as an expensive hobby. It’s the height of hubris.

I doubt it because Twitter is so fundamentally simpler than companies like Tesla or SpaceX this won’t be the straw that breaks the camel’s back.

Re: Twitter set to accept Musk's $43B offer – sources

#13

I feel like we’re going to look back in a couple years and mark this as the beginning of the collapse of Tesla. Musk is already spread thin, now he’s so unfocused and undisciplined that he’s unable to stop himself from buying an irrelevant social media company as an expensive hobby. It’s the height of hubris.

I doubt it. Tesla is so established at this point that it is successful regardless what Musk does in his free time.

Re: Twitter set to accept Musk's $43B offer – sources

#16

I feel like we’re going to look back in a couple years and mark this as the beginning of the collapse of Tesla. Musk is already spread thin, now he’s so unfocused and undisciplined that he’s unable to stop himself from buying an irrelevant social media company as an expensive hobby. It’s the height of hubris.

Twitter is not "irrelevant" in any sense of the word. Also they have no direction from the current leadership as is.

Re: Twitter set to accept Musk's $43B offer – sources

#17

I feel like we’re going to look back in a couple years and mark this as the beginning of the collapse of Tesla. Musk is already spread thin, now he’s so unfocused and undisciplined that he’s unable to stop himself from buying an irrelevant social media company as an expensive hobby. It’s the height of hubris.

He may have someone in mind who he will appoint CEO.

Fundamentally, his beef with Twitter seems to be around their speech policies and maybe some missing site features. He doesn't need to be even close to full time to resolve those. He just has to find a tech CEO who agrees with his values and who can execute when given a clear mission. There are plenty of those kicking around the Bay Area.

Re: Twitter set to accept Musk's $43B offer – sources

#18
post #14

I feel for the employees of Twitter. Years with a part time CEO whose time was dedicated elsewhere… now they’ll have a new part time owner whose time will be dedicated elsewhere and has a propensity to do weird things for the online lulz.

which means the employees aren't monitored closely by upper management then? I don't see why it's "bad".

The only thing i can think of being bad is micromanagement, and inadequate compensation. I dont know how twitter compensates their employees, but i'm sure it's not inadequate.

Re: Twitter set to accept Musk's $43B offer – sources

#19
post #14

I feel for the employees of Twitter. Years with a part time CEO whose time was dedicated elsewhere… now they’ll have a new part time owner whose time will be dedicated elsewhere and has a propensity to do weird things for the online lulz.

If he can could manage SpaceX and Tesla around 2017 when shit was going down, this isn't that crazy.

Re: Twitter set to accept Musk's $43B offer – sources

#20
post #14

I feel for the employees of Twitter. Years with a part time CEO whose time was dedicated elsewhere… now they’ll have a new part time owner whose time will be dedicated elsewhere and has a propensity to do weird things for the online lulz.

That’s what the money is for.
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