An analysis of Elon Musk's reported attempts to raise money for Twitter via an equity sale at an absurd price, why his successor will be unpopular, and more
Matt Levine / Bloomberg : Tweets: @matt_levine , @shoepergirl , @gthartley , @iihavetoes , @johnpaczkowski , @ben_mathes , and @rachaelmyrow Tweets: Matt Levine / @matt_levine : This newsletter must like pain a lot. https://www.bloomberg.com/... Amanda Lim / @shoepergirl : One possibility is that “be careful what you wish for” is directed at Tesla's board or shareholders. “Sure now you say that you want me back running Tesla full time, but look at the mess I'm making here, are you sure you want that at Tesla too?” LOL https://www.bloomberg.com/... George Hartley / @gthartley : “Musk owns companies that (1) produce self-driving cars, (2) send rockets into space, (3) make brain implants and (4) run a website where people make fun of him. If you use Twitter as a source of comedy and a way to get in fights, then it is good for Twitter to be run badly.” https://twitter.com/... @iihavetoes : 💀 https://twitter.com/... https://twitter.com/... John Paczkowski / @johnpaczkowski : “it is much better for him to spend his time on the making-fun-of-him website than the brain implants or the cars or the rockets” https://twitter.com/... Ben Mathes / @ben_mathes : As usual, @matt_levine, 👏🏻 https://www.bloomberg.com/... https://twitter.com/... Rachael Myrow / @rachaelmyrow : “You take all of your 💸, you give it to Musk to buy equity at a price you all agree is absurd? Then you get to work for him, running a sullen and broken Twitter acc to his whims, until he changes his mind and fires you? ... I am sure there are Musk fans who want the job (CEO).” https://twitter.com/...
One possibility is that “be careful what you wish for” is directed at Tesla's board or shareholders. “Sure now you say that you want me back running Tesla full time, but look at the mess I'm making here, are you sure you want that at Tesla too?” LOL https://www.bloomberg.com/...
“Musk owns companies that (1) produce self-driving cars, (2) send rockets into space, (3) make brain implants and (4) run a website where people make fun of him. If you use Twitter as a source of comedy and a way to get in fights, then it is good for Twitter to be run badly.” htt…
“it is much better for him to spend his time on the making-fun-of-him website than the brain implants or the cars or the rockets” https://twitter.com/...
“You take all of your 💸, you give it to Musk to buy equity at a price you all agree is absurd? Then you get to work for him, running a sullen and broken Twitter acc to his whims, until he changes his mind and fires you? ... I am sure there are Musk fans who want the job (CEO).” h…
some investors are flabbergasted that things aren't going as predicted (they also enjoy close-up magic and Santa Claus) @danprimack https://www.axios.com/...
Elon Musk never intended to be the head of Twitter forever. But investors were told that a transition would occur between the 3 to 6 month mark And not based on a crowdsourced decision just 6 weeks into his ownership. https://www.axios.com/...