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Matt Levine on point: Twitter’s relatively new chief executive officer, Parag Agrawal: Welcome, Mr. Musk. We’re so glad that you are our biggest shareholder. W

by smugma 5y ago

Matt Levine on point: Twitter’s relatively new chief executive officer, Parag Agrawal: Welcome, Mr. Musk. We’re so glad that you are our biggest shareholder. We have prepared a presentation showing how we are executing on our strategy of being more technically nimble, building new products and growing revenue and active users. Here on slide 1 you can see— Elon Musk: Make the font bigger when I tweet. Agrawal: What? Musk: I am your biggest shareholder, I want the font on my tweets to be bigger than the font on everyone else’s tweets. Agrawal: That’s not really how we— Musk: And I want 290 characters. Again, just for me. Agrawal: … Musk: And it should play a little sound when I tweet so everyone knows. Agrawal: I just feel like we want to make a good product for all of our millions of users? I feel like that is going to improve profitability in the long run and, as our largest shareholder, you in particular stand to benefit from— Musk: Oh I don’t care even a little bit about that, if your stock doubles that is rounding error on my net worth, I just love tweeting and want to meddle a bit to optimize it for my personal needs. https://www.bloomberg.com/opinion/articles/2022-04-04/elon-musk-bought-some-twitter https://www.bloomberg.com/opinion/articles/2022-04-04/elon-m...

camel_gopher 5y ago
And everyone's profile picture needs to be the same as mine.
- saagarjha 5y ago
  No of course not. Everyone should have the same profile picture, except his which is giant and flashy so you can see it prominently.
  - MrMan 5y ago
    You are fungible, I am not
deckard1 5y ago
> I am pretty sure that the Elon Musk Division of the U.S. Securities and Exchange Commission has already opened another inquiry into this filing. Elon Musk had acquired at least some of his shares by March 14, and on March 26 he was asking his followers “what should be done” about Twitter’s “failing to adhere to free speech principles.” Wow. What a paragraph. > I think in general if you went to a securities lawyer and said “I am going to buy 9% of a public company and then make public statements about how it should change its business, should I file a 13D or 13G,” the lawyer would say “hmm that sounds like activism, which is traditionally on 13D.” (Not legal advice!) But if you are Elon Musk you do not accept that sort of fuzzy reasoning. Rules for thee, but definitely not Elon.
zhte415 5y ago
He would make a good Q.

by smugma 5y ago

camel_gopher 5y ago

And everyone's profile picture needs to be the same as mine.

saagarjha 5y ago
No of course not. Everyone should have the same profile picture, except his which is giant and flashy so you can see it prominently.
- MrMan 5y ago
  You are fungible, I am not

deckard1 5y ago

> I am pretty sure that the Elon Musk Division of the U.S. Securities and Exchange Commission has already opened another inquiry into this filing. Elon Musk had acquired at least some of his shares by March 14, and on March 26 he was asking his followers “what should be done” about Twitter’s “failing to adhere to free speech principles.” Wow. What a paragraph. > I think in general if you went to a securities lawyer and said “I am going to buy 9% of a public company and then make public statements about how it should change its business, should I file a 13D or 13G,” the lawyer would say “hmm that sounds like activism, which is traditionally on 13D.” (Not legal advice!) But if you are Elon Musk you do not accept that sort of fuzzy reasoning. Rules for thee, but definitely not Elon.

zhte415 5y ago

He would make a good Q.