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Chronicles

The story behind the story

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Twitter's board let Elon Musk take over despite his lacking a clear plan to address failures in increasing its revenue, profit, or user base

Siva Vaidhyanathan / Slate :

Slate Siva Vaidhyanathan

Discussion

  • @laprofmme @laprofmme on x
    “Even if Twitter is still important in the world today, a few years of Musk making bad choices might ensure it's less influential in coming years. You might not have to worry about quitting Twitter in disgust because Musk owns it. Twitter might quit you soon enough.” https://twit…
  • @saeed_ahmed Saeed Ahmed on x
    “Let's put Twitter in context. In terms of users, it's not among the top 10 social media platforms in the world. It's behind Telegram, Snapchat, and even Pinterest. It has about 436M users. All of the top seven have about or more than 1B users"https://slate.com/...
  • @loganaheiman Logan A. Heiman on x
    I love the entire section @sivavaid devotes in this piece to telling E*on re: his “open source” promises: words mean things. https://twitter.com/...
  • @willoremus Will Oremus on x
    as @sivavaid puts it... “there's a reason no smart buyer has already purchased twitter.” (and a reason the board ultimately took elon's offer.) https://slate.com/...
  • @nminow Nell Minow on x
    A fool and his money.....Why the Twitter Board capitulated to letting Elon Musk take it over despite having no clear plan to enhance revenue, turn a profit, or even grow user numbers. #corpgov https://slate.com/... via @slate
  • @jswatz John Schwartz on x
    “The fact that Twitter has been a business failure since its inception is no secret. It's been put up for sale many times, yet no smart buyer concluded that its potential for growth or revenue outweighed its headaches and liabilities.” ⁦@sivavaid⁩ https://slate.com/...
  • @cjsprigman Chris Sprigman on x
    Siva: “You might not have to worry about quitting Twitter in disgust because Musk owns it. Twitter might quit you soon enough.” https://twitter.com/...