{"id":436555,"date":"2022-04-24T04:42:07","date_gmt":"2022-04-24T01:42:07","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/elon-musk-in-battle-to-slay-twitter-naysayers\/"},"modified":"2022-04-24T04:42:07","modified_gmt":"2022-04-24T01:42:07","slug":"elon-musk-in-battle-to-slay-twitter-naysayers","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/elon-musk-in-battle-to-slay-twitter-naysayers\/","title":{"rendered":"#Elon Musk in battle to slay Twitter naysayers"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2409c18997a\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2409c18997a\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/elon-musk-in-battle-to-slay-twitter-naysayers\/#%E2%80%9CElon_Musk_in_battle_to_slay_Twitter_naysayers%E2%80%9D\" >&#8220;Elon Musk in battle to slay Twitter naysayers&#8221;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/elon-musk-in-battle-to-slay-twitter-naysayers\/#Sounds_like_a_great_deal\" >Sounds like a great deal<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/elon-musk-in-battle-to-slay-twitter-naysayers\/#Tough_man_to_root_for\" >Tough man to root for<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CElon_Musk_in_battle_to_slay_Twitter_naysayers%E2%80%9D\"><\/span>&#8220;Elon Musk in battle to slay Twitter naysayers&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<div class=\"inline-module inline-module--columnist inline-module--author\">\n<div class=\"inline-module--author__img\">\n            <img decoding=\"async\" width=\"76\" height=\"69\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2013\/08\/Gasparino_Charles_headshot.png?w=76&amp;h=69&amp;crop=1\" class=\"attachment-nyp_columnist size-nyp_columnist\" alt=\"Charles Gasparino\" loading=\"lazy\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2013\/08\/Gasparino_Charles_headshot.png?w=152 152w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2013\/08\/Gasparino_Charles_headshot.png?w=114 114w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2013\/08\/Gasparino_Charles_headshot.png?w=76 76w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2013\/08\/Gasparino_Charles_headshot.png?w=38 38w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2013\/08\/Gasparino_Charles_headshot.png 706w\" sizes=\"auto, (max-width: 76px) 100vw, 76px\"\/>      <\/div>\n<\/div>\n<\/aside>\n<p>The list of suitors who have looked at buying <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> \u2014 and then passed without a second thought \u2014 are too many to be counted on one hand, and possibly two or three.\u00a0<\/p>\n<p>That\u2019s partly because for all of its relevance to breaking <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>, starting revolutions \u2014 and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a>ly increasing one\u2019s cortisol levels during breakfast, lunch and dinner \u2014 Twitter is a lousy business.<\/p>\n<p>Yes, it gets eyeballs, but plenty of the wrong type. Let\u2019s face it: Twitter is a weird social-media platform that attracts some of the worst elements of the human race: Trolls, the people behind all those bots, and ayatollahs are difficult to sell ads to.\u00a0<\/p>\n<p>Twitter\u2019s progressive leaders and their programmers, meanwhile, have canceled too many conservative voices. Again, let\u2019s face it: People who voted for Trump represent a lot of ad dollars.<\/p>\n<p>The result, quarter after quarter, year after year, has been wonky revenue, sputtering user growth and virtually nonexistent profits. Amid all this, Twitter knew it needed to be sold and began a \u00adfutile attempt to shop itself; Disney, Salesforce and more passed after looking at the books.<\/p>\n<p>Then along came Elon Musk, the mercurial, visionary billionaire with a novel idea: Let\u2019s take Twitter private and fix its business problems away from the constant public scrutiny.\u00a0<\/p>\n<p>Musk\u2019s agenda may seem revolutionary, but only inside the progressive bubble that dominates media and tech: Let opposing viewpoints proliferate; verify \u00adusers to combat trolling; maybe start charging a nominal fee, even if it hurts Twitter\u2019s already-weak user growth (which continues to maintain an uncomfortable reliance on users who troll under weird pseudonyms).<\/p>\n<p>Most of all: Long-suffering shareholders will finally get paid. Ignore the $77 high in the stock last year; that was primed along with the rest of the market by Jerome Powell\u2019s money printing, which is over.<\/p>\n<p>Twitter\u2019s IPO priced at $26, settled its first day of trading at $44.90, about where it was before Musk said he would pony up $54.20 a share for the company. When the Fed starts to tighten, who knows how low Twitter will fall.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"683\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/TwitterLogo.jpg?w=1024\" alt=\"The Twitter logo is seen on a sign at the company's headquarters in San Francisco, California on November 4, 2016.\" class=\"wp-image-22015793\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/TwitterLogo.jpg?quality=75&amp;strip=all&amp;w=1536 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/TwitterLogo.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/TwitterLogo.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>The mercurial Elon Musk said he has some plans to change Twitter if he does get to helm the company.<\/figcaption><figcaption><span class=\"credit\">JOSH EDELSON\/AFP via Getty Images<\/span><\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"Sounds_like_a_great_deal\"><\/span>Sounds like a great deal<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Last week, after days of speculation whether he was serious, Musk signaled he is officially offering shareholders a lifeline. He filed with regulators paperwork stating he would throw in $21 billion of his own net worth.<\/p>\n<p>($260 billion-plus) and finance the rest of the deal with debt that he has secured to reach his <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roximately $46 billion price tag.<\/p>\n<p>Sounds like a great deal, particularly for those smart techies who run Twitter and sit on its board, right? Who else is willing to pay that kind of money for something that has never consistently made money? No one, it seems, because no one has so far stepped up to the plate.<\/p>\n<aside class=\"single__inline-module alignright\">\n    <\/aside>\n<p>But that logic only works outside the bubble that is Twitter and Silicon Valley\u2019s ideological echo chamber. Yes, the tech geeks like to make money but only on their terms. As this column goes to press, Twitter is looking at spurning Musk\u2019s bid. And the business media, ideological blinders firmly attached, is cheering it on.<\/p>\n<p>I\u2019m not sure how anyone with even a cursory knowledge of the way markets and finance are supposed to work can endorse one of the biggest insults to shareholder rights in recent memory, but that is exactly what\u2019s happening.\u00a0<\/p>\n<p>For a change, it\u2019s going to be fun rooting for the litigation-happy plaintiffs bar, which would be on firm ground suing Twitter management for blowing this deal for the sake of making sure \u00adDonald Trump\u2019s Twitter account remains suspended.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tough_man_to_root_for\"><\/span>Tough man to root for<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Musk, of course, does make it tough to be on his side. Remember the crazy \u201cpedo guy\u201d tweet that got him sued, albeit unsuccessfully, for libel, or the infamous \u201cfunding secured\u201d tweet to allegedly take Tesla private? On top of it all, he\u2019s facing lots of pressure from regulators on accounting \u00adissues involving Tesla, as this column has noted.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/DonaldTrump-2.jpg?w=1024\" alt=\"Former U.S. President Donald Trump \" class=\"wp-image-22015826\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/DonaldTrump-2.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/DonaldTrump-2.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/DonaldTrump-2.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Twitter suspended former President Trump on the platform in 2021. <\/figcaption><figcaption><span class=\"credit\">REUTERS\/Gaelen Morse<\/span><\/figcaption><\/figure>\n<p>But Musk is a survivor, having turned around Tesla and avoided bankruptcy even as he was launching ambitious space-<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">travel<\/a> plans and more. More than that, he will pay investors while he fixes things on his own dime along with few sophisticated \u00adlenders who know the odds.<\/p>\n<p>In a world that\u2019s supposed to be dominated \u2014 legally, mind you \u2014 by what\u2019s good for shareholders, dissing Elon\u2019s offer borders on being illegal. Even with the Twitter board putting up roadblocks (poison-pill takeover hurdles, claims that his bid is undervalued), shareholders should ultimately get their say.\u00a0<\/p>\n<p>Musk is strongly hinting he will launch a \u00adtender offer directly to investors. They will then have a choice of whether to stay with the people who have created no shareholder value, or side with one who has a track record of \u00addoing the opposite.<\/p>\n<p>For all Elon\u2019s craziness, this one should be a no-brainer.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/04\/23\/elon-musk-in-battle-to-slay-twitter-naysayers\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Elon Musk in battle to slay Twitter naysayers&#8221; The list of suitors who have looked at buying Twitter \u2014 and then passed without a second thought \u2014 are too many to be counted on one hand, and possibly two or three.\u00a0 That\u2019s partly because for all of its relevance to breaking news, starting revolutions \u2014&#8230;<\/p>\n","protected":false},"author":1,"featured_media":436556,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/ElonMusk-2.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[128380,39394,72667,88271,33355,4976,70359,10401],"class_list":["post-436555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-4-23-22","tag-elon-musk","tag-investors","tag-shareholders","tag-silicon-valley","tag-social-media","tag-stocks","tag-twitter"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/436555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=436555"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/436555\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/436556"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=436555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=436555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=436555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}