News for hackers. Stuff that matters.

A comment on Twitter set to accept Musk's $43B offer – sources. Parent comment

Re:Twitter set to accept Musk's $43B offer – sources by pie_flavor on Monday April 25, 2022 @03:07PM (#31159270)
There isn't any particularly good reason to trust the old management over the new management. It's always been unaccountable billionaires.
[ Parent | on HN ]
Re:Twitter set to accept Musk's $43B offer – sources by KerrAvon on Monday April 25, 2022 @04:04PM (#31159832)
Depends on what you mean by "trust." A public company has more accountability in various ways than a private one.
[ Parent | on HN ]
Re:Twitter set to accept Musk's $43B offer – sources by ChrisLomont on Monday April 25, 2022 @10:37PM (#31163385)
"Public" only adds accountability benefits for protecting public investors to ensure they're not robbed. There's little more accountability benefiting any other outsider.
[ Parent | on HN ]
Re:Twitter set to accept Musk's $43B offer – sources by jawarner on Monday April 25, 2022 @08:31PM (#31162613)
That’s interesting. I’ve always figured it’s the opposite, since a public company is beholden to fiduciary duty. Would you like to elaborate?
[ Parent | on HN ]