Re:Twitter Deal Temporarily on Hold
by Spivak on Friday May 13, 2022 @09:41AM
(#31367468)
Which is why it's not at all unexpected that the Twitter board after some hand-wringing jumped on the deal because even at a "loss" someone who offers to turn your illiquid assets into cash without tanking the value of those assets is literally the dream exit.
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Re:Twitter Deal Temporarily on Hold
by jimmydorry on Friday May 13, 2022 @03:17PM
(#31371524)
Except the Twitter board had almost no shares between them (Jack being the only exception). I recall reading that none of them even tweet, but that's neither here nor there.
> I recall reading that none of them even tweet
Good drug dealers don't get high on their own supply.
Re:Twitter Deal Temporarily on Hold
by jimmydorry on Monday May 16, 2022 @11:54PM
(#31405861)
Drug dealers are just middlemen though. Would you really trust the chemist that has never tried their own goods and has an overall disdain for drug usage.
Kind of stretching the analogy, but you hopefully get my point.
That said, it's clearly a good deal for their shareholders for this very reason, and the board should act in the interests of their shareholders.
Re:Twitter Deal Temporarily on Hold
by ckozlowski on Friday May 13, 2022 @11:17AM
(#31368741)
Makes one wonder if they simply called his bluff.