Re:Twitter says Musk’s spam analysis used tool that called h...
by jjeaff on Saturday August 06, 2022 @04:04PM
(#32371105)
I'd say they are more like the property managers that also hold some ownership of the property. The janitors at Twitter HQ are like the janitor that cleans a property.
Re:Twitter says Musk’s spam analysis used tool that called h...
by eru on Sunday August 07, 2022 @10:37PM
(#32381946)
> I'd say they are more like the property managers that also hold some ownership of the property.
Are you referring to Twitter management also holding shares? Or some other aspect?
For my argument, it's perfectly fine if some shareholders are also employees. In their role as shareholders, they would still be selling voluntarily (or not selling, as the case may be).
It's more complicated. The incumbent management of Twitter are not the owners of Twitter.
Initially, Musk bought shares of Twitter on the open market from willing sellers (previous homeowners in your analogy).
Because of various regulations he could not just keep doing that, and instead had to go via the complicated takeover route.
Twitter's incumbent management is a bit like the janitor in an apartment block, not the homeowner.
(Just to be clear, I am not making any moral arguments here. And when in doubt, I defer to whatever Matt Levine says on the topic.
I have opinions on 'hostile' takeovers, but this comment is not trying to express any opinion on whether the 'janitor' should have a right to interfere with 'homeowners' who are willing to sell.)