meanwhile,
Elon musk is continuing to make head turning claims about what
changes would be made if he is able to take over twitter
musk tweeted the company's board of directors will
be paid nothing should he acquire twitter,
adding he'd be saving $3 million a year off of that
musk isn't the only person saying something about twitter's board here.
Former Ceo, Jack Dorsey says
it is consistently the dysfunction of the company.
Dorsey who is still a board member until his term expires in May
replied to tweets over the weekend highlighting the toxicity of that board.
Dorsey is still twitter's second biggest shareholder,
owning a two and a quarter percent of the company behind musk who owns about 9%.
So
the plot thickens Alicia, we continue to talk about Elon musk.
Um and even Jack Dorsey thinks the board is an issue.
So I think this is one of those moments,
we talk about the eccentricity with Elon musk and not
quite knowing exactly how he's going to unlock twitter's potential,
but here we're seeing a little glimmer of the fact
that he knows what goes on behind the scenes,
he knows what could potentially lead
to dysfunction for the company's performance.
So it does kind of give you some insight as to his mindset moving forward
if he in fact move forward moves forward because I
think there's a lot of doubt right now that,
that, you know, twitter would accept the deal from Elon musk.
But I think there is more optimism just in general that someone else could come
along and buy out twitter and that twitter will be more open to that,
which is why I think this, this,
this Apollo news is really interesting because it's not,
they've mentioned they're having talks with someone,
they're not saying it's Elon musk,
it could be somebody else potentially to take over the company here,
which would be fascinating if there's another person that comes into the
picture here and into the point I was making a moment ago,
I think the board would be more receptive to potentially
somebody else's less critical of twitter um has a slightly different approach,
but still wants to unlock the full value of twitter
could come in and kind of take the reins here and
fix some of the issues that Elon musk has pointed out.
But to be honest, these aren't issues that haven't been pointed out in the past,
you just have a bigger figure, so to speak,
pointing it out and being a little bit more vocal with it.
So this is
kind of, again, another layer to unfold here in terms of,
you know, where the story goes, the reality is, it's been a saga, right?
You have the offer and you have the,
the board kind of opting for poison pill essentially blocking Elon musk
from a lot from being able to do a hostile takeover,
essentially buying up shares enough to just take over the course of the company.
Then Elon musk kind of, you know, sending out a tweet, I think it was um,
love me tender in in lieu of a joke of like, you know,
offering the tender offer and really trying to take the company through
through the route which which is the offering of $43 billion.
This has been a saga to follow, but I think the underlying reality is that
something is fundamentally wrong with twitter,
It is an active social media platform that we use,
but it's undervalued and under monetized and somebody can
potentially come in here and really increase the value of
it and really monetize it to the extent that
we have seen other social media platforms be monetized.
Yeah,
it's been coasting what seems like for years and we know they've tried to
do innovative things with twitter blue and some of the subscription side of things,
but there's definitely a revamped that could be had by the social media platform.
Um I will wonder one of the biggest questions if this does move forward.
You kind of thrown into the mix a bit of
anticipation over who Apollo could potentially be backing here.
But if Elon musk did take over, who would he appoint to this board?
I think that remains a really critical question and also um
something that's been swirling a lot on my
mind recently just with this high profile story is
the fact that do you remember that interview a few years ago when Elon musk said,
you know, I don't focus a lot on media.
I'm an engineer,
I'm working on engineering and design the tables have turned tremendously
today just with the course of social media and I think
the profile that he's raised over the past couple of years,
I mean, he has been probably one of the smartest
as a journalist and someone who is in the media in getting
media attention without having having to deal with the media directly.
Right.
He creates narratives,
we cover the narratives and he has not to really deal with us directly.
So he has been a mastermind, you know, not only in business,
but I would honestly admit a mastermind
in dealing with the media and not not really dealing with the right, creating
the stories that we cover, but not having to deal with us directly,
getting free marketing and publicity off of it.
But the reality is they are bona fide stories that we have to cover, right?
Like you have to cover this twitter story, but the narrative from Elon musk,
you just cover it from his twitter feed because
he's not really willing to do these interviews.
He doesn't give them up that often. So, it's a fascinating saga to follow.
I'm sure tomorrow will continue to follow it and there'll be a new development
in this twitter saga