Elon Musk buys a big chunk of Twitter

@George-K said in Elon Musk buys a big chunk of Twitter:

Elon's having so much fun.

In all honesty, I feel compelled to say that he’s having a lot less fun than I’d be having if I had a Brazilian ~~dollars~~

FIFYNNTTM

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

Axtremus

Not sure if the $8/month fee for "verified accounts" is an official policy yet. For those who don't like it, they can go build their own platform, go use something else, or go without that "verified" checkmark.

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

Horace

There is a lawsuit being filed by twitter employees, alleging that Musk was legally obligated to provide 60 days notice and retraining opportunities before a large layoff, by CA law.

Horace

With my familiarity with what actual workers actually do in actually big companies with actually thousands of employees, my guess is that a reduction in Twitter's work force by 75% will result in zero impact to the Twitter website.

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

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

There is a lawsuit being filed by twitter employees, alleging that Musk was legally obligated to provide 60 days notice and retraining opportunities before a large layoff, by CA law.

I saw that as well. I'll bet that his attorneys have already considered that.

"You're fired as of 60 days from now. Here's a list of places you can find training."

When we dismissed one of our partners, we did it without cause, and we gave 90 days.

jon-nyc

Zooming out a bit, I’ve been thinking about how a Musk owned Twitter will net out. I don’t have any major conclusions but a few observations at this point.

I think he’s going to be constrained by his advertisers to a much greater extent than his newest fans believe.
At some point he’ll likely realize that his own trollishness is not good for the brand.
He might even see some backlash extend to Tesla.
That doesn’t mean he’ll be able to control himself though. He seems to be pretty impulse driven.
I think he’ll end up taking it public again at some point, perhaps retaining controlling interest through dual share classes. My over/under for such a move is 3 years.

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

jon-nyc

That’s a little funny.

jon-nyc

As if on cue….

Funny he blames activists rather than his own past statements and current trollishness.

The New Coffee Room

Elon Musk buys a big chunk of Twitter