3 ms·
>Isn't this the best kind of company to acquire ? Elon isn't worried about valuation. His consideration could be 'can I fix low hanging fruit and provide value
by incomingpain 4y ago
>Isn't this the best kind of company to acquire ?
Elon isn't worried about valuation. His consideration could be 'can I fix low hanging fruit and provide value'
If elon is right the current content moderation has gone wrong, and it has. Then by fixing this it should provide a return on his investment. Not to mention the counter force of those who cannot allow free discussion who may buy him out in order to stop it.
But more important, what elon also understands. What is a billion $? Elon is wealthy enough he can own any toy or thing he ever wants. It has less to do with some currency and himself. He has surpassed this point in economics placing him amongst a select few who have won this game.
Now he has the chance to use this excess wealth to form the future. Which scares people.