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One of the aspects I found fascinating about this was Scott Galloway on the Pivot podcast explaining exactly how Musk blew through a load of SEC regulations, po
by Traster 5y ago
One of the aspects I found fascinating about this was Scott Galloway on the Pivot podcast explaining exactly how Musk blew through a load of SEC regulations, potentially costing sellers a significant price premium, when he did this. Also how clearly other people were looking at making this play but were slowed by those same regulations. At the moment this whole saga looks like Musk is playing very fast and loose with a publicly traded company.
The big question now is whether "distractions ahead" should be read in the boring way - "We know have this nutty shareholder who is going to publicly threaten to replace our office with a homeless shelter if our employees don't spend more time in the office" or in the more interesting way - "Elon Musk isn't on the board because that limits what he can do with the stock and he's planning to either increase his stake, sell it off to someone, or to perform other shenanigans to pressure twitter"