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I'm not worried. I've lived out what happens when activist investor know-it-all types come in and gut a company thinking they and their sycophant yes-men are sm
by root_axis 4y ago
I'm not worried. I've lived out what happens when activist investor know-it-all types come in and gut a company thinking they and their sycophant yes-men are smarter than everyone that came before. That isn't to say that Elon can't improve twitter as a business, but most CEOs aren't Elon, and even Elon is more hot air than substance.
- cokeandpepsi 4y agothis is the story of most newspapers, same shit happened to the entire industry the past 20 years
- HWR_14 4y agoMost CEOs aren't Jack Welsh, and yet most of them implemented stack ranking. This persists even when it seems to demonstrably harm the companies. So dropping 50% even if it harms the company may become a major move.