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© 2022 AFPFiling says Elon Musk to borrow less in Twitter bid
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© 2022 AFP
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Strangerland
The fact that people spend time on Twitter in the first place doesn't say much for people.
Desert Tortoise
Jack Dorsey just resigned as CEO of Twitter and interestingly he also resigned his position on their Board of Directors. It is normal for a former CEO to remain a board member for years, even more than a decade, after stepping down as CEO. There is speculation that he was forced out because one of Twitter's major investors Elliot Management thought Mr. Dorsey's performance as CEO was inadequate and was able to document this. There was fear, or so the story goes, that if he remained on the Board of Directors he would find a way to engineer his way back into the CEO suite. So a question to ask is would Mr. Dorsey be willing to put up his own money to team with Elon Musk to buy his company and take it private so he could once again run it?