4 ms·

I'm pretty sure a majority of shares of Twitter care about making the most money ahead of everything else. But just offering a 50% premium might not be enough.

I'm pretty sure a majority of shares of Twitter care about making the most money ahead of everything else. But just offering a 50% premium might not be enough. They'll need to pay taxes on the realized gains and they'll need to find other places to put their money.

alasdair_ 5y ago
>They'll need to pay taxes on the realized gains The bulk of the holders of stock in most public companies are institutional investors that don't need to pay taxes on the realized gains.
- akvadrako 5y ago
  Why don't they pay taxes on realized gains?
  - ceejayoz 5y ago
    Because they're largely managing tax-advantaged accounts.
  - deleted 5y ago
    [deleted]
  - s1artibartfast 5y ago
    Because they are taxed on annual profit, not capital gains. If they sell a stock and buy a different one, there is no profit. The private analogy is a professional gambler. You don't pay taxes for winnings on each bet. You pay taxes on what you have cashed out at the end of the year. Tax on individual sales is only a thing for individuals.
- edgyquant 5y ago
  > institutional investors [] don't need to pay taxes on [] gains. Elaborate
SV_BubbleTime 5y ago
That’s been it though. If the board of Twitter isn’t concerned about what is best for the share folders, a direct violation of their fiduciary responsibility, then what is their interest? If Twitter isn’t a business to make money to them, what is it, and who is it for?
- jungturk 5y ago
  A parameter in assessing the relative value of the offer to shareholders is the time horizon. Perhaps the board believes the value of the shares over the next year or two is substantially higher than Musk's offer, such that they should reject the buyout so that shareholders can reap that gain.
  - SV_BubbleTime 5y ago
    And using past as prologue… how has been the performance of Twitter been?
_3u10 5y ago
Yeah I made 10% getting in after the disclosure was made. I’d actually invest in a twitter owned by Elon and likely ditch all my other profiles too. A platform that makes money and has free speech would be wonderful. Maybe he can steal Rogan from Spotify too.
- tyre 5y ago
  What’s a concrete example of speech that you’d make which is specifically banned on Twitter?
  - politician 5y ago
    I’d make them publish their content moderation policies, and have all decisions documented and filtered through those public rules. The speech is made in public and should be adjudicated in public. Today’s Twitter hides its moderation policies and decisions. Even though they are a private company (albeit publicly traded and the effective public square), this is wrong.
  - tomcam 5y ago
    Not OP but Elon has stated explicitly that all speech legal in the USA, so if I had the choice it would include parties left, right, and center: Occupy Wall Street, the AntiMedia project, Global Revolution Live, President Trump, Milo Yiannopoulus (sp?) Alex Jones, Robert Stacy McCain, Laura Loomer.
  - brian_cloutier 5y ago
    I'm not the OP but Twitter has at various times suppressed information about covid and covid vaccines. They are well intentioned but they occasionally overreach. As a quick example, [1] lists some categories of tweets which they will delete. Twitter seems to have overreached with category 2: > Claims that specific groups or people (or other demographically-identifiable identity) are more or less prone to be infected or to develop adverse symptoms on the basis of their membership in that group; This is nonsense. Your risk increases with your age. Your risk increases with your BMI. Men are at higher risk than women. Those working in customer-facing roles are at higher risk than those who can work from home. Each of those statements are apparently banned on twitter. [1]: https://help.twitter.com/en/rules-and-policies/medical-misinformation-policy https://help.twitter.com/en/rules-and-policies/medical-misin...

alasdair_ 5y ago

>They'll need to pay taxes on the realized gains The bulk of the holders of stock in most public companies are institutional investors that don't need to pay taxes on the realized gains.

akvadrako 5y ago
Why don't they pay taxes on realized gains?
- ceejayoz 5y ago
  Because they're largely managing tax-advantaged accounts.
- deleted 5y ago
  [deleted]
- s1artibartfast 5y ago
  Because they are taxed on annual profit, not capital gains. If they sell a stock and buy a different one, there is no profit. The private analogy is a professional gambler. You don't pay taxes for winnings on each bet. You pay taxes on what you have cashed out at the end of the year. Tax on individual sales is only a thing for individuals.
edgyquant 5y ago
> institutional investors [] don't need to pay taxes on [] gains. Elaborate

SV_BubbleTime 5y ago

That’s been it though. If the board of Twitter isn’t concerned about what is best for the share folders, a direct violation of their fiduciary responsibility, then what is their interest? If Twitter isn’t a business to make money to them, what is it, and who is it for?

jungturk 5y ago
A parameter in assessing the relative value of the offer to shareholders is the time horizon. Perhaps the board believes the value of the shares over the next year or two is substantially higher than Musk's offer, such that they should reject the buyout so that shareholders can reap that gain.
- SV_BubbleTime 5y ago
  And using past as prologue… how has been the performance of Twitter been?

_3u10 5y ago

Yeah I made 10% getting in after the disclosure was made. I’d actually invest in a twitter owned by Elon and likely ditch all my other profiles too. A platform that makes money and has free speech would be wonderful. Maybe he can steal Rogan from Spotify too.

tyre 5y ago
What’s a concrete example of speech that you’d make which is specifically banned on Twitter?
- politician 5y ago
  I’d make them publish their content moderation policies, and have all decisions documented and filtered through those public rules. The speech is made in public and should be adjudicated in public. Today’s Twitter hides its moderation policies and decisions. Even though they are a private company (albeit publicly traded and the effective public square), this is wrong.
- tomcam 5y ago
  Not OP but Elon has stated explicitly that all speech legal in the USA, so if I had the choice it would include parties left, right, and center: Occupy Wall Street, the AntiMedia project, Global Revolution Live, President Trump, Milo Yiannopoulus (sp?) Alex Jones, Robert Stacy McCain, Laura Loomer.
- brian_cloutier 5y ago
  I'm not the OP but Twitter has at various times suppressed information about covid and covid vaccines. They are well intentioned but they occasionally overreach. As a quick example, [1] lists some categories of tweets which they will delete. Twitter seems to have overreached with category 2: > Claims that specific groups or people (or other demographically-identifiable identity) are more or less prone to be infected or to develop adverse symptoms on the basis of their membership in that group; This is nonsense. Your risk increases with your age. Your risk increases with your BMI. Men are at higher risk than women. Those working in customer-facing roles are at higher risk than those who can work from home. Each of those statements are apparently banned on twitter. [1]: https://help.twitter.com/en/rules-and-policies/medical-misinformation-policy https://help.twitter.com/en/rules-and-policies/medical-misin...