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The essential difference between PMC and Entrepreneur is skin in the game. Musk is the manage and primary equity owner, whereas the PMC is managerial only. Whet
by darawk 4y ago
The essential difference between PMC and Entrepreneur is skin in the game. Musk is the manage and primary equity owner, whereas the PMC is managerial only. Whether that's good, bad or indifferent is up to you, but the whole point of the article is this distinction.
- Apocryphon 4y agoPerhaps then this article should have highlighted the importance of Musk taking Twitter private, and the current equity situation with the company. The graphic included shows him taking on 9% of shares, which seems substantial... but is far from a majority? So maybe this article should explain how Musk's current position is substantially different from Dorsey's second tenure, which ended in November 2021. Was Dorsey no longer entrepreneur, but a PMC? But this article quotes Musk bemoaning his departure? Did entrepreneurial capitalism really disappear from Twitter in the past twelve months without Dorsey? This essay is making a lot of assumptions without quantitative analysis.