Re:John Riccitiello steps down as CEO of Unity after pricing...
by red-iron-pine on Tuesday October 10, 2023 @02:12PM
(#37835463)
Elon's twitter acquisition was a play to sell lots of incredibly overvalued TSLA stock without tanking the price.
May a lot of noise, declare you're done with Twitter's bots and BS, sell a ton of stock -- not because it's overhyped, no it's for Twitter -- and then back out of the sale.
And he would've gotten away except he tried to back out 3 times and they held him to it. So now he's got this trainwreck situation, and he's doing what he thinks is the right play, lemons into lemonade.
May a lot of noise, declare you're done with Twitter's bots and BS, sell a ton of stock -- not because it's overhyped, no it's for Twitter -- and then back out of the sale.
And he would've gotten away except he tried to back out 3 times and they held him to it. So now he's got this trainwreck situation, and he's doing what he thinks is the right play, lemons into lemonade.