Elon Musk to join Twitter’s board of directors • Hacker News Board

Re: Elon Musk to join Twitter’s board of directors

#111

Post by [deleted] » Tue, Apr 05, 2022, 2:46 PM UTC

Ferrotin wrote: post #38

elicash wrote: post #13

He filed forms that he was going to be a passive investor, and the same day joined the board after discussion that had been in the works for weeks. This is strike two on misleading investors. I haven't seen analysis on whether it was illegal, but I wouldn't want somebody like him on my board even if it succeeded in keeping him from buying up more stock. With him on the outside, maybe he causes more trouble than on th…

Shareholders like him on the board, and they would be even happier if he were running the company, because an Elon-run Twitter would be a lot more profitable.

[deleted]

Re: Elon Musk to join Twitter’s board of directors

#112

Post by _bfhp » Tue, Apr 05, 2022, 2:47 PM UTC

Jiejeing wrote: post #102

Overtonwindow wrote: post #49

Earlier quoted context omitted.

More profitable, more open, and more fair to all voices. Twitter has become a liberal vacuum that, as a liberal, has gone way too far to the left in silencing voices. It's not a private company, it's a public company, and I hope Elon turns it around into a true, free speech town square, instead of just an echo chamber for blue checks.

"As a liberal, twitter has gone way too far to the left in silencing voices?" Twitter moderation is blind on harassment, nazis who brag about it are using the platform to dox people without any repercussions, send death threats, etc. what the hell are you even talking about?

> blind

Wow that's very troubling. Can you show some examples of studies, or representative serious anecdotes?

Re: Elon Musk to join Twitter’s board of directors

#113

Post by mattbrewsbytes » Tue, Apr 05, 2022, 2:47 PM UTC

dmamills wrote: post #24

This is the biggest thing to happen to twitter since the trump presidency. Both big for twitter, and awful for society.

And both might be related. Motivation for any billionaire to back Republican top candidates is to repeal all Billionaire Tax legislature that might pass soon.

Re: Elon Musk to join Twitter’s board of directors

#114

Post by emteycz » Tue, Apr 05, 2022, 2:47 PM UTC

justapassenger wrote: post #42

elicash wrote: post #13

He filed forms that he was going to be a passive investor, and the same day joined the board after discussion that had been in the works for weeks. This is strike two on misleading investors. I haven't seen analysis on whether it was illegal, but I wouldn't want somebody like him on my board even if it succeeded in keeping him from buying up more stock. With him on the outside, maybe he causes more trouble than on th…

Misleading investors is one of Elon’s main jobs. And he’ll continue doing so, as we doesn’t face any consequences for it (expect for becoming ultra rich).

Are you a shareholder of TSLA? I am, and I am happy with Elon.

Re: Elon Musk to join Twitter’s board of directors

#115

Post by skybrian » Tue, Apr 05, 2022, 2:48 PM UTC

ChicagoDave wrote: post #6

He's also agreed to never own more than 14%, so effectively agreeing only to be a voice, not a wrecking ball.

I'm not sure what you mean by "wrecking ball," but an activist shareholder can win a proxy fight if other shareholders choose to go along with them. And Musk is pretty good at making investments go up by tweeting things, so they are probably pretty happy about this.

Re: Elon Musk to join Twitter’s board of directors

#116

Post by coldpie » Tue, Apr 05, 2022, 2:48 PM UTC

sbarre wrote: post #43

jdrc wrote: post #2

Quoted post unavailable.

So while this one-liner comment seems to be drawing ire, I do think it brings up a difficult point. As more and more of our civic discourse moves online, there are no "public spaces" online where the rule of law and public interest comes first. There is no town square, no soapbox in the park, no public access TV, or the ability for masses to organize and march or protest (or whatever the online equivalent is), with o…

I think we do, it's called the DNS. Buy a domain and put whatever you like on it. It does get hard/expensive if you get a truly massive audience, but that has always been true. You are not and have never been owed the benefits of someone else's platform, but it's still easier now to have a truly public discussion than ever before.

Re: Elon Musk to join Twitter’s board of directors

#117

Post by _bfhp » Tue, Apr 05, 2022, 2:48 PM UTC

freshpots wrote: post #103

Overtonwindow wrote: post #49

Earlier quoted context omitted.

More profitable, more open, and more fair to all voices. Twitter has become a liberal vacuum that, as a liberal, has gone way too far to the left in silencing voices. It's not a private company, it's a public company, and I hope Elon turns it around into a true, free speech town square, instead of just an echo chamber for blue checks.

Blue checks do not equal blue voices, but you already know that. Twitter is the worst mainstream platform when it comes to right wing propaganda and scientific misinformation. Free speech in this case is code for saying anything without consequence and weaponizing it at morons. Twitter excels at it already, let's not make it worse.

Do you think the government should censor incorrect or hateful speech and if not, why not?

Re: Elon Musk to join Twitter’s board of directors

#118

Post by elicash » Tue, Apr 05, 2022, 2:48 PM UTC

next_xibalba wrote: post #91

elicash wrote: post #13

He filed forms that he was going to be a passive investor, and the same day joined the board after discussion that had been in the works for weeks. This is strike two on misleading investors. I haven't seen analysis on whether it was illegal, but I wouldn't want somebody like him on my board even if it succeeded in keeping him from buying up more stock. With him on the outside, maybe he causes more trouble than on th…

> He filed forms that he was going to be a passive investor This was almost certainly done by a lawyer working on his behalf. This strikes me as a technicality of paperwork that is being seized upon by the media as a way to portray Musk in the worst possible light. > I wouldn't want somebody like him on my board In this hypothetical, what is your role (i.e. fellow shareholder, CEO, employee)? I ask because shareholde…

> This was almost certainly done by a lawyer working on his behalf.

Are you arguing that when he signs his name and certifies that the (short) form is "true, complete and correct" that he is not responsible because the form was prepared by an attorney of his?

> being seized upon by the media

How did "the media" seize on this? When I last checked, there were zero articles. And even if they had, why wouldn't discussion be merited?

Re: Elon Musk to join Twitter’s board of directors

#119

Post by MBCook » Tue, Apr 05, 2022, 2:50 PM UTC

jwond wrote: post #50

MBCook wrote: post #28

Quoted post unavailable.

What kind of person actually likes Twitter?

I find it incredibly useful. I follow accounts accounts I consider useful or interesting. They post all sorts of informative things, fun anecdotes, bits of history, etc.

Yeah if you just follow celebrities or influencers you’ll have a bad time. But there are lots of great smaller accounts (<250k followers) out there. You can often get tech news first that way from reliable sources.

Re: Elon Musk to join Twitter’s board of directors

#120

Post by justapassenger » Tue, Apr 05, 2022, 2:50 PM UTC

next_xibalba wrote: post #91

elicash wrote: post #13

He filed forms that he was going to be a passive investor, and the same day joined the board after discussion that had been in the works for weeks. This is strike two on misleading investors. I haven't seen analysis on whether it was illegal, but I wouldn't want somebody like him on my board even if it succeeded in keeping him from buying up more stock. With him on the outside, maybe he causes more trouble than on th…

> He filed forms that he was going to be a passive investor This was almost certainly done by a lawyer working on his behalf. This strikes me as a technicality of paperwork that is being seized upon by the media as a way to portray Musk in the worst possible light. > I wouldn't want somebody like him on my board In this hypothetical, what is your role (i.e. fellow shareholder, CEO, employee)? I ask because shareholde…

> This was almost certainly done by a lawyer working on his behalf. This strikes me as a technicality of paperwork that is being seized upon by the media as a way to portray Musk in the worst possible light.

Elon openly attacks and disregards SEC. He doesn’t have any benefit of the doubt left, when it comes to activities that SEC is suppose to be regulating.