RIP Twitter

#452
#452
WBO said:
A year later, Twitter seems to be doing pretty well and those conservative social sites seem to be sucking pretty bad, especially Trump's site.

You know why don't you, conservatives just want to hate and people get tired of that.
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Yup, because nothing says love, joy, and peace like a liberal 😂
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#456
#456
WBO said:
So far it seems Elon isn't welcome there, and while a 9% shareholder in a publicly traded company is huge, it ain't control. The tech industry is very different. A lot of those skills are hard to find. When your workforce turns on you, it can be a disaster. Plus the SEC is really on Musk's tail right now. At this level of ownership, they watch everything you do and can stop you from buying any additional stock in the company (because it is publicly traded). I don't see any changes there anytime soon, especially since he reversed field on being on the board.
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And you were saying?
 
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#457
#457
Musk doesn't want to be a part owner or member. He want's to buy the place and turn it into another toy. You can argue whether that's good or bad.
 
#461
#461
Hunerwadel said:
Musk doesn't want to be a part owner or member. He want's to buy the place and turn it into another toy. You can argue whether that's good or bad.
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He wants to take it private and clean house.

Let's face facts here, what has he invested in that hasn't come out golden in the long run?

And facing more facts, with 9% of their stock and the veiled threat to sell if they don't agree to the bid? He pretty much just told them to hold his pocket while he struts around.
 
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#463
#463
Hunerwadel said:
Musk doesn't want to be a part owner or member. He want's to buy the place and turn it into another toy. You can argue whether that's good or bad.
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He’ll make another small fortune.

Would you be upset if he took over Twitter and turned into a haven of conservative thought and enforcement?
 
#465
#465
85SugarVol said:
He’ll make another small fortune.

Would you be upset if he took over Twitter and turned into a haven of conservative thought and enforcement?
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I wouldn't like it if he turned it to a biased haven for either side. But I would argue that he can do that if he wants to.
 
#466
#466
Hunerwadel said:
I wouldn't like it if he turned it to a biased haven for either side. But I would argue that he can do that if he wants to.
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Well it’s already a biased haven for one side. But if it’s his private company he can do as he likes.

And again if liberals and progressives don’t like it then they can just go make their own platform right? 😂
 
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#467
#467
NorthDallas40 said:
Well it’s already a biased haven for one side. But if it’s his private company he can do as he likes.

And again if liberals and progressives don’t like it then they can just go make their own platform right? 😂
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If Musk turned Twitter into a right wing platform the .gov would shove a microscope up his rear.
 
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#469
#469
NorthDallas40 said:
Well it’s already a biased haven for one side. But if it’s his private company he can do as he likes.

And again if liberals and progressives don’t like it then they can just go make their own platform right? 😂
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Twitter is biased? That does it, I'm out. Oh wait I've never had an account.
 
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#470
#470
Hunerwadel said:
I wouldn't like it if he turned it to a biased haven for either side. But I would argue that he can do that if he wants to.
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I don’t have a Twitter, but I obviously see a lot of it (and post tweets here).

From what I’ve seen it’s pretty biased now.

Which is fine - Twitter, Facebook, GSG, etc… all private companies who can do business with whom they choose.
 
#472
#472
Hunerwadel said:
Twitter is biased? That does it, I'm out. Oh wait I've never had an account.
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Neither have I and likely never will. But I’m really going to enjoy watching the Twitter user reactions over the next couple of months 😂

I mean after all if they don’t like Musk’s ownership of Twitter they can always go start their own again 🤣
 
#473
#473
NorthDallas40 said:
Musk’s offer is an almost 20% premium at todays price. Shareholders would be morons to not take it and those that don’t take it don’t care about free market they’d likely lean more towards controlling Twitter’s user policies. Musk is going to burn them down. Even if he doesn’t get all of the stock he should easily capture 50+% and control the company.
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If they can’t find another person or group to outbid him, they’ll probably have to sell to him. Any business that sells equity to raise funds has a fiduciary duty to act in the best interest of its shareholders. They could open themselves up to lawsuits if they reject the offer and the stock tanks.
 
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#474
#474
WBO said:
So far it seems Elon isn't welcome there, and while a 9% shareholder in a publicly traded company is huge, it ain't control. The tech industry is very different. A lot of those skills are hard to find. When your workforce turns on you, it can be a disaster. Plus the SEC is really on Musk's tail right now. At this level of ownership, they watch everything you do and can stop you from buying any additional stock in the company (because it is publicly traded). I don't see any changes there anytime soon, especially since he reversed field on being on the board.
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Yeah, I'm sure the guy that built his own electric car and rocket companies has no idea how to run a business as technologically advanced and complex as twitter. And I'm sure every single employee will leave if he takes over, because there's not a single Twitter employee that secretly hates the censorial path the platform has taken the last few years.
 
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#475
#475
Hunerwadel said:
Musk doesn't want to be a part owner or member. He want's to buy the place and turn it into another toy. You can argue whether that's good or bad.
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Well, considering his other „toys“ are wildly advanced cutting edge success stories, more power to him 😉
But like I say elsewhere, if I had my druthers, I would prefer he not take on what could become a distraction from his more important tasks.
Why waste money and time on a confirmed padded cell for leftist loons?
 
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