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>And of course the online panic that this was going to be a Trump-allied guy's way of dominating Twitter when it was just another cash grab. In what way is Ell

>And of course the online panic that this was going to be a Trump-allied guy's way of dominating Twitter when it was just another cash grab. In what way is Elliot "Trump-allied"? He seems like the kind of institutional conservative investor that would hate Trump's attempts at, essentially, implementing a Neo-merchantilist trade and financial policy.

paulgb 7y ago
The founder Paul Singer was anti-Trump, but had since become a big donor[1]. It seems more opportunistic than an ideological shift, but I'm just speculating. When Elliot took the position there was some press that hinted that it was politically driven, but I couldn't find any reason to believe that over the obvious: that replacing an absentee CEO is an easy way to unlock value in a floundering company. 1. https://www.politico.com/story/2018/06/08/trump-megadonors-gop-fundraising-632671 https://www.politico.com/story/2018/06/08/trump-megadonors-g...
- pysxul 7y ago
  Well before running for president Trump was a Democrat, let that sink in
  - paulgb 7y ago
    He was, but what does that have to do with anything?
bosswipe 7y ago
Singer has been a Republican party mega-donor for a long time, and the non-Trump Republican party is pretty much dead at this point. Singer was anti-Trump during the election but has come around since then, he bent the knee here for example https://www.cnbc.com/2017/02/16/trump-says-billionaire-former-critic-paul-singer-visited-white-house.html https://www.cnbc.com/2017/02/16/trump-says-billionaire-forme...