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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Elon Musk buys a big chunk of Twitter

Elon Musk buys a big chunk of Twitter

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  • jon-nycJ Online
    jon-nycJ Online
    jon-nyc
    wrote on last edited by
    #86

    I think he wanted the seat and then changed his mind later.

    You were warned.

    1 Reply Last reply
    • LuFins DadL Offline
      LuFins DadL Offline
      LuFins Dad
      wrote on last edited by
      #87

      I think it was all about the “code of conduct” that’s in the agreement. My guess is there was verbiage that would have limited Elon’s public behavior and posts.

      The Brad

      1 Reply Last reply
      • 89th8 Offline
        89th8 Offline
        89th
        wrote on last edited by
        #88

        Elon should tweet this morning, "board, more like bored amirite"

        1 Reply Last reply
        • George KG Offline
          George KG Offline
          George K
          wrote on last edited by
          #89

          "Now look here, you Baltic gas passer... " - Mik, 6/14/08

          The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

          1 Reply Last reply
          • KlausK Offline
            KlausK Offline
            Klaus
            wrote on last edited by
            #90

            Hmmm...

            1 Reply Last reply
            • George KG Offline
              George KG Offline
              George K
              wrote on last edited by
              #91

              As @jon-nyc said, being on the board limits the percentage of shares he could own. He is also obligated to act in the "best interests of the company."

              Now, no such restrictions.

              Somewhere, I read that employees are even more upset now, LOL.

              "Now look here, you Baltic gas passer... " - Mik, 6/14/08

              The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

              1 Reply Last reply
              • George KG Offline
                George KG Offline
                George K
                wrote on last edited by
                #92

                I've loved Iowahawk for years...

                "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                1 Reply Last reply
                • George KG Offline
                  George KG Offline
                  George K
                  wrote on last edited by
                  #93

                  "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                  The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                  1 Reply Last reply
                  • taiwan_girlT Online
                    taiwan_girlT Online
                    taiwan_girl
                    wrote on last edited by
                    #94

                    I dont use twitter at all, but obviously know what it is about, etc.

                    In the esteemed opinion of the forum brains:

                    If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

                    If YOU were able to change things at Twitter, what would you do?

                    I guess I dont understand what the fear/happiness is if he buys a large share of Twitter.

                    Aqua LetiferA X 2 Replies Last reply
                    • taiwan_girlT taiwan_girl

                      I dont use twitter at all, but obviously know what it is about, etc.

                      In the esteemed opinion of the forum brains:

                      If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

                      If YOU were able to change things at Twitter, what would you do?

                      I guess I dont understand what the fear/happiness is if he buys a large share of Twitter.

                      Aqua LetiferA Offline
                      Aqua LetiferA Offline
                      Aqua Letifer
                      wrote on last edited by Aqua Letifer
                      #95

                      @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

                      I dont use twitter at all, but obviously know what it is about, etc.

                      In the esteemed opinion of the forum brains:

                      If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

                      If YOU were able to change things at Twitter, what would you do?

                      I guess I dont understand what the fear/happiness is if he buys a large share of Twitter.

                      I think Musk would have different motivations than current Twitter management, which I think would be a good thing for the platform. That's all I can say with some certainty.

                      Please love yourself.

                      taiwan_girlT 1 Reply Last reply
                      • Aqua LetiferA Aqua Letifer

                        @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

                        I dont use twitter at all, but obviously know what it is about, etc.

                        In the esteemed opinion of the forum brains:

                        If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

                        If YOU were able to change things at Twitter, what would you do?

                        I guess I dont understand what the fear/happiness is if he buys a large share of Twitter.

                        I think Musk would have different motivations than current Twitter management, which I think would be a good thing for the platform. That's all I can say with some certainty.

                        taiwan_girlT Online
                        taiwan_girlT Online
                        taiwan_girl
                        wrote on last edited by
                        #96

                        @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

                        @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

                        I dont use twitter at all, but obviously know what it is about, etc.

                        In the esteemed opinion of the forum brains:

                        If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

                        If YOU were able to change things at Twitter, what would you do?

                        I guess I dont understand what the fear/happiness is if he buys a large share of Twitter.

                        I think Musk would have different motivations than current Twitter management, which I think would be a good thing for the platform. That's all I can say with some certainty.

                        I think that makes sense, but to the 99% of people not directly involved with the compnay, what does that mean?

                        Shift in algorithm?
                        No moderation?
                        etc

                        HoraceH Aqua LetiferA 2 Replies Last reply
                        • taiwan_girlT taiwan_girl

                          @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

                          @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

                          I dont use twitter at all, but obviously know what it is about, etc.

                          In the esteemed opinion of the forum brains:

                          If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

                          If YOU were able to change things at Twitter, what would you do?

                          I guess I dont understand what the fear/happiness is if he buys a large share of Twitter.

                          I think Musk would have different motivations than current Twitter management, which I think would be a good thing for the platform. That's all I can say with some certainty.

                          I think that makes sense, but to the 99% of people not directly involved with the compnay, what does that mean?

                          Shift in algorithm?
                          No moderation?
                          etc

                          HoraceH Offline
                          HoraceH Offline
                          Horace
                          wrote on last edited by
                          #97

                          @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

                          @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

                          @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

                          I dont use twitter at all, but obviously know what it is about, etc.

                          In the esteemed opinion of the forum brains:

                          If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

                          If YOU were able to change things at Twitter, what would you do?

                          I guess I dont understand what the fear/happiness is if he buys a large share of Twitter.

                          I think Musk would have different motivations than current Twitter management, which I think would be a good thing for the platform. That's all I can say with some certainty.

                          I think that makes sense, but to the 99% of people not directly involved with the compnay, what does that mean?

                          Shift in algorithm?
                          No moderation?
                          etc

                          Musk is an established proponent of "free speech", which is to say, he practices it, and has been known to utter opinions not in line with the woke narrative of the day. He is not a trusted member of that tribe, which may, to the bean counters at Twitter, seem dangerous. And of course it may seem dangerous to indoctrinated folk who get triggered when they are confronted by opinions that make them feel unsafe.

                          For practical purposes you might consider this to be a fear of less moderation, but there is also the notion that Musk will be considered a visible leader on the platform, regardless of practical effect. Think of how people felt their own self-image to be tarnished by Trump as their president. People don't like leaders they feel are icky, regardless of the practical effect of those leaders.

                          Education is extremely important.

                          CopperC 1 Reply Last reply
                          • HoraceH Offline
                            HoraceH Offline
                            Horace
                            wrote on last edited by
                            #98

                            Then again, it would probably be easy to overestimate how much anybody actually cares. Whatever reactions we're seeing are amplified by whatever media we consume those reactions through. Has anybody seen a random-sample reaction to this?

                            Education is extremely important.

                            1 Reply Last reply
                            • taiwan_girlT taiwan_girl

                              @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

                              @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

                              I dont use twitter at all, but obviously know what it is about, etc.

                              In the esteemed opinion of the forum brains:

                              If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

                              If YOU were able to change things at Twitter, what would you do?

                              I guess I dont understand what the fear/happiness is if he buys a large share of Twitter.

                              I think Musk would have different motivations than current Twitter management, which I think would be a good thing for the platform. That's all I can say with some certainty.

                              I think that makes sense, but to the 99% of people not directly involved with the compnay, what does that mean?

                              Shift in algorithm?
                              No moderation?
                              etc

                              Aqua LetiferA Offline
                              Aqua LetiferA Offline
                              Aqua Letifer
                              wrote on last edited by
                              #99

                              @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

                              @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

                              @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

                              I dont use twitter at all, but obviously know what it is about, etc.

                              In the esteemed opinion of the forum brains:

                              If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

                              If YOU were able to change things at Twitter, what would you do?

                              I guess I dont understand what the fear/happiness is if he buys a large share of Twitter.

                              I think Musk would have different motivations than current Twitter management, which I think would be a good thing for the platform. That's all I can say with some certainty.

                              I think that makes sense, but to the 99% of people not directly involved with the compnay, what does that mean?

                              Everything is speculation until it happens.

                              Please love yourself.

                              1 Reply Last reply
                              • taiwan_girlT taiwan_girl

                                I dont use twitter at all, but obviously know what it is about, etc.

                                In the esteemed opinion of the forum brains:

                                If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

                                If YOU were able to change things at Twitter, what would you do?

                                I guess I dont understand what the fear/happiness is if he buys a large share of Twitter.

                                X Offline
                                X Offline
                                xenon
                                wrote on last edited by xenon
                                #100

                                @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

                                If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

                                Fewer bans. Wouldn't have banned Trump.

                                Other than that - not much.

                                Trump could have set up a simple blog called "Trump thoughts" and just self-published.

                                He was bigger than the platform.

                                George KG AxtremusA 2 Replies Last reply
                                • HoraceH Horace

                                  @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

                                  @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

                                  @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

                                  I dont use twitter at all, but obviously know what it is about, etc.

                                  In the esteemed opinion of the forum brains:

                                  If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

                                  If YOU were able to change things at Twitter, what would you do?

                                  I guess I dont understand what the fear/happiness is if he buys a large share of Twitter.

                                  I think Musk would have different motivations than current Twitter management, which I think would be a good thing for the platform. That's all I can say with some certainty.

                                  I think that makes sense, but to the 99% of people not directly involved with the compnay, what does that mean?

                                  Shift in algorithm?
                                  No moderation?
                                  etc

                                  Musk is an established proponent of "free speech", which is to say, he practices it, and has been known to utter opinions not in line with the woke narrative of the day. He is not a trusted member of that tribe, which may, to the bean counters at Twitter, seem dangerous. And of course it may seem dangerous to indoctrinated folk who get triggered when they are confronted by opinions that make them feel unsafe.

                                  For practical purposes you might consider this to be a fear of less moderation, but there is also the notion that Musk will be considered a visible leader on the platform, regardless of practical effect. Think of how people felt their own self-image to be tarnished by Trump as their president. People don't like leaders they feel are icky, regardless of the practical effect of those leaders.

                                  CopperC Offline
                                  CopperC Offline
                                  Copper
                                  wrote on last edited by Copper
                                  #101

                                  @Horace said in Elon Musk buys a big chunk of Twitter:

                                  People don't like leaders they feel are icky

                                  There can be no question that the most important trait of any leader today is, not icky.

                                  I am so happy that when I was a working man dealing with leaders, nobody had ever heard of not being icky.

                                  Tough Minded Managers were in demand.

                                  1 Reply Last reply
                                  • X xenon

                                    @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

                                    If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

                                    Fewer bans. Wouldn't have banned Trump.

                                    Other than that - not much.

                                    Trump could have set up a simple blog called "Trump thoughts" and just self-published.

                                    He was bigger than the platform.

                                    George KG Offline
                                    George KG Offline
                                    George K
                                    wrote on last edited by George K
                                    #102

                                    @xenon said in Elon Musk buys a big chunk of Twitter:

                                    Fewer bans. Wouldn't have banned Trump.

                                    Other than that - not much.

                                    image.jpeg

                                    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                    1 Reply Last reply
                                    • George KG Offline
                                      George KG Offline
                                      George K
                                      wrote on last edited by
                                      #103

                                      Bret Taylor
                                      Chairman of the Board,

                                      I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.

                                      However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.

                                      As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.

                                      Twitter has extraordinary potential. I will unlock it.

                                      /s/ Elon Musk

                                      "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                      The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                      1 Reply Last reply
                                      • jon-nycJ Online
                                        jon-nycJ Online
                                        jon-nyc
                                        wrote on last edited by
                                        #104

                                        I was just coming here to post that

                                        You were warned.

                                        1 Reply Last reply
                                        • KlausK Offline
                                          KlausK Offline
                                          Klaus
                                          wrote on last edited by Klaus
                                          #105

                                          As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash

                                          I bought a few days ago at $44. I'll happily sell my few stocks to Elon for that price.

                                          1 Reply Last reply
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