Skip to content
  • Categories
  • Recent
  • Tags
  • Popular
  • Users
  • Groups
Skins
  • Light
  • Cerulean
  • Cosmo
  • Flatly
  • Journal
  • Litera
  • Lumen
  • Lux
  • Materia
  • Minty
  • Morph
  • Pulse
  • Sandstone
  • Simplex
  • Sketchy
  • Spacelab
  • United
  • Yeti
  • Zephyr
  • Dark
  • Cyborg
  • Darkly
  • Quartz
  • Slate
  • Solar
  • Superhero
  • Vapor

  • Default (No Skin)
  • No Skin
Collapse

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

Scheduled Pinned Locked Moved General Discussion
801 Posts 22 Posters 56.3k Views
  • Oldest to Newest
  • Newest to Oldest
  • Most Votes
Reply
  • Reply as topic
Log in to reply
This topic has been deleted. Only users with topic management privileges can see it.
  • 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 Offline
          taiwan_girlT Offline
          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 Offline
              taiwan_girlT Offline
              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 Offline
                              jon-nycJ Offline
                              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
                                • 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.

                                  AxtremusA Offline
                                  AxtremusA Offline
                                  Axtremus
                                  wrote on last edited by
                                  #106

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

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

                                  He used to publish short statements on and off via something he called “From the Desk of Donald J. Trump” (that’s after his Twitter and Facebook bans), but that did not get much traction and eventually he stopped doing that. None of Trump’s efforts to move to or create other social media platforms has gone anywhere.

                                  1 Reply Last reply
                                  • KlausK Offline
                                    KlausK Offline
                                    Klaus
                                    wrote on last edited by
                                    #107

                                    Why doesn't the stock price go up to $54.20? Is that a signal of the uncertainty that people will sell to Elon?

                                    How many shareholders would need to sell to make the deal go through?

                                    AxtremusA 1 Reply Last reply
                                    • AxtremusA Offline
                                      AxtremusA Offline
                                      Axtremus
                                      wrote on last edited by
                                      #108

                                      As for Musk buying 100% of Twitter and taking Twitter private …

                                      1. Will the Board sell? @klaus aside, will the shareholders sell? The Twitter-verse has always been more than “making money,” just not sure how much more.
                                      2. Will it run into regulatory roadblocks? It won’t be the fist time the government step in to stop some mega merger or mega buyout.
                                      3. If the buyout attempt fails, will Musk try to build his own or just move on to the next project?
                                      1 Reply Last reply
                                      • KlausK Klaus

                                        Why doesn't the stock price go up to $54.20? Is that a signal of the uncertainty that people will sell to Elon?

                                        How many shareholders would need to sell to make the deal go through?

                                        AxtremusA Offline
                                        AxtremusA Offline
                                        Axtremus
                                        wrote on last edited by
                                        #109

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

                                        Why doesn't the stock price go up to $54.20? Is that a signal of the uncertainty that people will sell to Elon?

                                        How many shareholders would need to sell to make the deal go through?

                                        Probably wait ‘til the US markets open before you take the last reported ticker price seriously?

                                        1 Reply Last reply
                                        • George KG Offline
                                          George KG Offline
                                          George K
                                          wrote on last edited by
                                          #110

                                          In the filing:

                                          Screen Shot 2022-04-14 at 7.15.11 AM.png

                                          "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
                                          Reply
                                          • Reply as topic
                                          Log in to reply
                                          • Oldest to Newest
                                          • Newest to Oldest
                                          • Most Votes


                                          • Login

                                          • Don't have an account? Register

                                          • Login or register to search.
                                          • First post
                                            Last post
                                          0
                                          • Categories
                                          • Recent
                                          • Tags
                                          • Popular
                                          • Users
                                          • Groups