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It was mismanaged according to *me*. I posted my opinion. It may be incorrect. That's true of most posts on the internet. Twitter has 7,500 employees. It doesn
by blagie 4y ago
It was mismanaged according to *me*. I posted my opinion. It may be incorrect. That's true of most posts on the internet.
Twitter has 7,500 employees. It doesn't take that many to run a Twitter. Most Twitter employees I know use their positions to work on things weakly aligned with the success of Twitter, such as random political or nerdy projects. That's a small sample set, but the things I hear raise my eyebrows.
If Twitter were private, and management aligned to shareholder value, the value could increase by a lot. I'm not sure if Musk can do that, or if it isn't overvalued in the first place, but that's my opinion on Twitter management from where I sit.
It's not uncommon for public companies, especially older ones, by the way. In many cases, almost every employee, right up through the CEO, is there to maximize their income, to maximize their future career prospects, and to have fun. That doesn't always align well with shareholder value.