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> I think he's just looking at this rationally, as he should as a major share holder. His job is not to be nice but to deliver share holder value I was an avid
by bluefishinit 3y ago
> I think he's just looking at this rationally, as he should as a major share holder. His job is not to be nice but to deliver share holder value
I was an avid Twitter user, but stopped using it because I find Musk super annoying and unethical. This is part of that. Complete and total brand destruction. That's not "delivering shareholder value". There's been massive markdowns to Twitter's valuation since Musk took over.
- telotortium 3y ago> There's been massive markdowns to Twitter's valuation since Musk took over. That valuation was itself at the height of the COVID stock bubble.
- bluefishinit 3y agoObviously Musk thought it was a fair valuation since he paid it. He then decimated the company value by saddling it with unsustainable debt, chasing off advertising revenue and lighting the brand on fire, none of which have anything to do with COVID.
- superchroma 3y agoLet us be real here and acknowledge that he played around, made a big mistake and got called up to honor a bid he evidently didn't really stand behind. If he wanted twitter he could have been a lot more purposeful about acquiring it.