How Twitter Could Succeed
Much has been made over Elon's recent acquisition of Twitter, paying ~$44B to take the company private. Many of the hot takes are just hot garbage, as you would expect from various marginal "news" organizations; an abbreviated selection with commentary: "Elon disbands the Board" (https://www.cnn.com/2022/10/31/tech/elon-musk-twitter-board/index.html). Note that this is totally normal, since he's taking the company private, no longer needs a Board to represent shareholder interests, and will save $3M/yr in the process. Also note that this was stated in April. Also note that Elon was very critical of the Board; arguably, this was one of the main motivating factors for the acquisition (ie: he thought he could run the company better). "Elon fires 75% of Twitter." This was a bogus story to begin with; current more reasonable take is that he's looking to reduce headcount by ~25%, which seems entirely reasonable. See: https://www.washingtonpost.com/te...