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No, the reason TWTR is up so significantly is because hedge funds are betting that Elon will try to take twitter private. If he does, there will be a significa
by LewisVerstappen 5y ago
No, the reason TWTR is up so significantly is because hedge funds are betting that Elon will try to take twitter private.
If he does, there will be a significant share premium paid to current holders from the acquirer.
- lkxijlewlf 5y agoTwitter would die quickly if it goes private.
- toomuchtodo 5y agoHard to imagine they could do worse than becoming beholden to someone other than public shareholders at this point. It’s a utility, not a business.
- s1artibartfast 5y agoWhy would it make a difference?
- personjerry 5y agoWhy would that be? Perhaps you are conflating "privately owned" with "private social network"?
- tayo42 5y agoI'm pretty sure there would be a huge exodus of employees if their rsu disappeared.
- personjerry 5y agoThat's not what happens when a company goes private
- chinathrow 5y agoWhy would he want Twitter private?
- deleted 5y ago[deleted]
- dmschulman 5y agoFree speech
- trompetenaccoun 5y agoHaha. The outraged complaints by those who've been repeating that line for years claiming "Twitter is a private company, they can ban who they like" would be epic. Also I bet they would call to regulate or even nationalize social media platforms as soon as companies like Twitter switch to a more balanced moderation approach and don't aid in amplifying certain politics.
- HereIGoAgain 5y agoOh they already are even before the (potential) fact. "Their right" has suddenly become "NO, NOT LIKE THAT!" overnight. lol
- koolba 5y agoSame reason Bezos owns the Washing ton Post. If you don’t care about directly making money, you can treat the platform as a way to promote or reject whatever messaging you want to millions of users. If it’s a public company, it’d be subject to the will of the shareholders and have other corporate responsibilities. If it’s private, it can do whatever he wants it.
- discardedrefuse 5y agoA private corporation is bad because its owner can use it to promote their own personal views. OTOH, a publicly traded corporation is also bad because because, motivated solely by growth, it will eventually need to engage in anti-societal behavior (dangerous algorithms, dark patterns, lobbying, fines as cost-of-doing-business, union-busting, etc). [Is this late-stage capitalism?](butterfly_meme.jpg) Where do we even go from here?
- loceng 5y agoArguably Twitter isn't worth its market cap.
- tim333 5y agoThe Musk hype has done wonders for TSLA shares. I'm not sure he need to take it private.