Elon makes all-cash offer to take Twitter private

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AgsMyDude
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In reply to rgag12 • 6:37p, 4/14/22
AG
rgag12 said:
Also, how many "days of rest" are going to be needed after this latest offer from Elon? Twitter gave its employees 1 "day of rest" after Elon bought 10%. I guess now they are going to need 9 "days of rest"?


Wait. Did they really?
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hph6203
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In reply to rgag12 • 6:40p, 4/14/22
AG
rgag12 said:
Also, how many "days of rest" are going to be needed after this latest offer from Elon? Twitter gave its employees 1 "day of rest" after Elon bought 10%. I guess now they are going to need 9 "days of rest"?
On the 7th day daddy Elon said no more rest, get your ass to work.
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johnnyblaze36
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6:42p, 4/14/22
AG
And then there's this loser whose only source of documented income is getting paid to tweet leftist nonsense 24/7. Elon will pay more taxes this year than any single human in the history of the United States and Brooklyn Dad comes through with yet another self own. It almost has to be intentional at this point.

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BusterAg
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In reply to riverrataggie • 7:11p, 4/14/22
AG
For the record, I do not the the board of Twitter would fare well in a shareholder derivative suit. The result could be a pretty quick settlement for an agreement to put the offer to vote.
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sharpdressedman
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In reply to BusterAg • 7:14p, 4/14/22
BusterAg said:
. . . said:


Translation:

We are looking desperately for a White Knight right now, so we will consider your request for an indeterminate amount of time.

A $60 / share offer probably kicks Musk out of the running. But that means someone has to come up with ~$45B for a loser company. That's a hard pill to swallow.
Likely waiting/hoping for some alphabet agency (SEC/DOJ) to manufacture either a stalling tactic or a spurious reason to derail the offer/acquisition "by whatever means necessary." The left will be all in to avoid losing its most powerful social media microphone.

Nevertheless, EM appears to be a good bet to win.
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Definitely Not A Cop
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7:16p, 4/14/22
AG
I just want Twitter to go back to Xbox live standards. Where a 12 year old kid can call me names for sucking at life, and he doesn't get cancelled over it.
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fasthorse05
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7:17p, 4/14/22
And now it starts.

Carlson just said 'the DOJ/FBI will launch investigations of Musk involving Tesla.
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Ag_of_08
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In reply to BusterAg • 7:17p, 4/14/22
AG
BusterAg said:
. . . said:


Translation:

We are looking desperately for a White Knight right now, so we will consider your request for an indeterminate amount of time.

A $60 / share offer probably kicks Musk out of the running. But that means someone has to come up with ~$45B for a loser company. That's a hard pill to swallow.


Also means that Musk would make an excellent return on investment
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aggiedata
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7:20p, 4/14/22
AG
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TRX
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In reply to fasthorse05 • 7:33p, 4/14/22
AG
fasthorse05 said:
And now it starts.

Carlson just said 'the DOJ/FBI will launch investigations of Musk involving Tesla.


Sad but true. Hope he was prepared for this.
FJB
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Hoyt Ag
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In reply to StandUpforAmerica • 7:33p, 4/14/22
AG
Short, fat and drives a Dodge. Nuff said.
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BusterAg
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In reply to aggiehawg • 7:40p, 4/14/22
AG
aggiehawg said:
Quote:
A $60 / share offer probably kicks Musk out of the running. But that means someone has to come up with ~$45B for a loser company. That's a hard pill to swallow.
Does it? Taking a company private restricts the number of shareholders but it doesn't limit it to only one.
This is a confusing post to me.

Any competing tender offer would most likely be for a controlling position, probably all of it. Musk's offer is for 100% of the company.

I guess a competing offer might be just enough to secure enough votes to deny Musk's offer, but Musk would probably sell and move on at that point.

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will25u
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8:46p, 4/14/22
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Sea Speed
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In reply to will25u • 8:50p, 4/14/22
AG
will25u said:


He could change the employees though
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. . .
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8:52p, 4/14/22
Quote:
https://www.wsj.com/livecoverage/elon-musk-twitter/card/twitter-ceo-agrawal-tells-employees-musk-can-t-change-company-s-culture-r6Y8t349HP4pHUpUufrQ

At an employee all-hands meeting on Thursday, Twitter CEO Parag Agrawal declined to discuss specifics of Elon Musk's offer, only saying the board was considering it.

He said the company had a strong culture of protecting its users and that "no one man can change that," according to two people who heard the remarks.

He was also asked about Tesla's treatment of minority employees, and Mr. Agrawal said the Twitter board was factoring those issues into its thinking, the two people said. Mr. Agrawal emphasized that diversity is core to the company's identity, according to a third person who heard the remarks.
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hph6203
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In reply to will25u • 8:56p, 4/14/22
AG
Engineers are populated with autists. He can find plenty that would want to work at Twitter.

Step 1: Remove disinformation labeling.
Step 2: Stop permabans and move to suspensions. Don't even have to change moderation policies drastically.
Step 3: Fix monetization.
Step 4: Transparency in algorithm/moderation.
Step 5: Culture change.

Won't even realize it's happened until half of your pronoun people have disappeared and you look around wondering what to call people in the third person. The first cull would be voluntary if the sale goes through.
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OaklandAg06
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In reply to will25u • 9:19p, 4/14/22
AG
will25u said:


These are the things one says when they know they have already lost
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TyHolden
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9:21p, 4/14/22
AG
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Marcus Brutus
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9:24p, 4/14/22
How long do they have to stall?
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TexAgsSean
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In reply to Marcus Brutus • 9:26p, 4/14/22
AG
Marcus Brutus said:
How long do they have to stall?


I believe I read that Elon's offer is good until 4/20
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TyHolden
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9:26p, 4/14/22
AG
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Faustus
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In reply to GeorgiAg • 9:31p, 4/14/22
GeorgiAg said:
Rockdoc said:
Elon has more than one card up his sleeve. I'd be willing to say he's a few steps ahead of them.
Also known as the morning after plan.
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zoneag
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In reply to hph6203 • 9:33p, 4/14/22
hph6203 said:
Engineers are populated with autists. He can find plenty that would want to work at Twitter.

Step 1: Remove disinformation labeling.
Step 2: Stop permabans and move to suspensions. Don't even have to change moderation policies drastically.
Step 3: Fix monetization.
Step 4: Transparency in algorithm/moderation.
Step 5: Culture change.

Won't even realize it's happened until half of your pronoun people have disappeared and you look around wondering what to call people in the third person. The first cull would be voluntary if the sale goes through.


Oh yeah there would be mass resignations of Twits if he buys the company. If you don't work for a big tech company it's hard to grasp what a collection of limp wristed betas work at these places. Whiny and entitled doesn't even come close to describing these titty babies. If we don't have enough vegan options for the free catered lunch every day they shriek on Slack about how horrible things are getting. Meditation rooms, bidets in the bathrooms, everyone telling you their pronouns. I get a kick out of it regularly.
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Waffledynamics
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In reply to Definitely Not A Cop • 9:33p, 4/14/22
AG
Definitely Not A Cop said:
I just want Twitter to go back to Xbox live standards. Where a 12 year old kid can call me names for sucking at life, and he doesn't get cancelled over it.
For that matter, make Xbox Live go back to Xbox Live standards.

Make the internet hilariously toxic again.
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MarkTwain
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9:40p, 4/14/22
So Vanguard is taking a position to try and play a game of Meskin Sweat with the richest man on the planet that's living in a box house in Boca Chica? That's ironical. But I wonder how the 401k people that Vanguard represents feel about them playing games with their money?

BlackRock and Vanguard Group are two of the world's largest asset management firms and hold significant shares in both major defense contractors and mainstream media organizations. They also represent 90% of the 401k portfolios in the US if what I'm reading is correct. They are putting a list of risk on peoples' futures if Twitter decides to go the poison pill route. This is a dangerous game they are playing with other people's money.

But it's not OK that Elon Musk wants to buy Twitter and reduce censorship on the platform, so let's go and play high stakes poker with a guy who really likes to gamble, what could go wrong. Musk drop another 1% of his worth to double his position and hold even more leverage?
“Never argue with stupid people, they will drag you down to their level and then beat you with experience" - Mark Twain
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FriendlyAg
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In reply to Waffledynamics • 9:48p, 4/14/22
Waffledynamics said:
Definitely Not A Cop said:
I just want Twitter to go back to Xbox live standards. Where a 12 year old kid can call me names for sucking at life, and he doesn't get cancelled over it.
For that matter, make Xbox Live go back to Xbox Live standards.

Make the internet hilariously toxic again.
Honestly this. I can't say **** on online video games anymore without someone saying "you're toxic" i mean what gives. Why can't I trash talk? That's half the fun of competition.
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Waffledynamics
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9:50p, 4/14/22
AG
One of my favorite memories was some little kid rapping insults to me through an entire Left 4 Dead campaign. He even stopped for the loading screens and picked right back up. It was really entertaining, and we both laughed about it. This was about 12 or 13 years ago.
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MaroonStain
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In reply to will25u • 9:50p, 4/14/22
AG
will25u said:


It's going down...
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schmellba99
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In reply to Aggie95 • 10:13p, 4/14/22
AG
Aggie95 said:
Facebook is people pretending to be wealthier and happier than they are. Twitter is where the libs and bots influence the population to vote for socialists


Facebook may be that to a high degree, but it is also a great medim for folks living all over the country and world to communicate and keep up with one another, especially in private groups.

But, unfortunately, facebooks gestapo monitors private groups as much as it does the open forum, they do not have any concept of context, local vernacular, how people joke and mess with each other, believe in the ability of a group to self monitor and are bsically stupid.

So people get banned for providing moral support t friends going through bad times, as I just was.
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Rockdoc
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In reply to will25u • 10:18p, 4/14/22
AG
will25u said:

Where did this idiot come from anyway? Elon will change that culture faster than they change Biden's diaper.
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schmellba99
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In reply to Definitely Not A Cop • 10:19p, 4/14/22
AG
Definitely Not A Cop said:
I just want Twitter to go back to Xbox live standards. Where a 12 year old kid can call me names for sucking at life, and he doesn't get cancelled over it.


Yep. I want facebook to be at that same exact level. That is freedom, and it is glorious.
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schmellba99
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In reply to Hoyt Ag • 10:21p, 4/14/22
AG
Hoyt Ag said:
Short, fat and drives a Dodge. Nuff said.


Hey now! Short, sometimes fat, used to drive a Dodge here.

I miss m Dodge, loved that truck.
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schmellba99
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In reply to MarkTwain • 10:27p, 4/14/22
AG
Somebody that has a significant (to me) amount of money in my 401 that is mnaged by Vanguard, i vehemently am against any measure or move they take that could put my money at risk.

Unfortunately i dont have enough to have pull with them. All i can do is move my money to another investment firm at the first opportunity should they play this game. And i wll.
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agdaddy04
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10:55p, 4/14/22
AG
Hoping Elon can pull this off. It would be a dramatic shift from the direction that company was headed.
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agdaddy04
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In reply to schmellba99 • 10:55p, 4/14/22
AG
Yes that seems weird. Or are they betting on Elon winning?
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