News for hackers. Stuff that matters.
Re:Elon Musk to join Twitter’s board of directors by SalmoShalazar on Tuesday April 05, 2022 @04:29PM (#30924590)
If you’re going to write a terse, incorrect response, at least include a misleading source.
Re:Elon Musk to join Twitter’s board of directors by akyu on Wednesday April 06, 2022 @04:21PM (#30937010)
No. You're wrong.
Re:Elon Musk to join Twitter’s board of directors by SalmoShalazar on Wednesday April 06, 2022 @04:36PM (#30937165)
Can you explain yourself? 13G is the form that passive investors fill out. 13D is a more detailed form intended for activist investors. What is your special knowledge that everyone is getting wrong that you’re alluding to?
Re:Elon Musk to join Twitter’s board of directors by akyu on Thursday April 07, 2022 @02:42PM (#30948677)
Sure I'll explain myself. This is Elon's 13G filling. Where does it say anything here about him being a passive investor? https://www.sec.gov/Archives/edgar/data/0001418091/000110465...

It's amazing how jumpy the hackernews crowd gets without even reading the document in question. As if Elon's team of lawyers that did this paperwork for him overlooked such a trivial detail.

Re:Elon Musk to join Twitter’s board of directors by SalmoShalazar on Thursday April 07, 2022 @02:47PM (#30948726)
Cool, do yourself a favour and read this to understand what a 13G form is for: https://www.investopedia.com/terms/s/schedule13g.asp
Re:Elon Musk to join Twitter’s board of directors by akyu on Thursday April 07, 2022 @02:51PM (#30948784)
> If you’re going to write a terse, incorrect response, at least include a misleading source.

I appreciate that you take your own advice. You don't understand how these forms work. Both passive and active investors can file a 13G. Why are you just making stuff up?