Twitter Board of Directors Own Almost No Shares of Stock in Company, Elon Musk Notes “their economic interests are simply not aligned with shareholders,” Sundance

 Twitter Board of Directors Own Almost No Shares of Stock in Company, Elon Musk Notes “their economic interests are simply not aligned with shareholders”

April 16, 2022 | Sundance

The Board of Directors [SEE BoD LINK HERE] consists of academics, tech executives, business and policy wonks, and a random baroness who doesn’t even use the service.  These are the people who are making fiduciary decisions for all Twitter stock owners without any financial stake in the decisions they make for the company.

Twitter Responds to Elon Musk Proposal by Creating Poison Pill

April 15, 2022 | Sundance

The social media and communication platform Twitter, responded to the bid by billionaire entrepreneur Elon Musk by announcing Friday the Twitter board of directors has unanimously adopted a “poison pill” defense in response to Tesla CEO Elon Musk’s proposal to buy the company and take it private. [LINK to Press Release]

What matters to the people behind Twitter, the people who are subsidizing the ability of Twitter to exist, is control over the global conversation.

Control of the conversation is priceless to the people who provide the backbone for Twitter.

Once people realize who is subsidizing Twitter, everything changes.

That’s the fight.