Re:Notice of termination of Twitter merger agreement
by kif on Saturday July 09, 2022 @05:47AM
(#32033447)
That tweet seems a bit weird, especially coming from him.
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Re:Notice of termination of Twitter merger agreement
by dmix on Saturday July 09, 2022 @07:09AM
(#32033891)
It makes sense from purely a) founder/entrepreneur perspective which PG normally speaks from. Forcing someone to run a company they don’t believe in is normally a bad strategy. And b) assuming the board member cares about Twitter as an entity beyond the short term monetary gain/share prices. Since most board members are already wealthy and are motivated by more than $$ when taking on the job
Of course fundamentally the question is obviously moot give the legal obligation both from Musk and for the shareholders to optimize payout before a recession, but it’s an interesting thought experiment of whether it’s going to harm them either by going to court and/or having a disinterested owner.
Personally I think regardless if Elon is forced to buy Twitter he’s obviously going to do try to make the best out of his investment (or at least a better product). He’s a poweruser who clearly cares about the product. Can’t be much worse than it already is. His concern is probably just the price not that he doesn’t want to own Twitter.