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re: Elon Musk Buys Twitter, Fires CEO and CFO

Posted on 10/27/22 at 9:09 pm to
Posted by danilo
Member since Nov 2008
24743 posts
Posted on 10/27/22 at 9:09 pm to
Free Trump!
Posted by Caraway Rye
Member since Oct 2021
5108 posts
Posted on 10/27/22 at 9:10 pm to
People act like there are unlimited roles at these companies with the stature and pay or better just waiting in the wings.

There isn't a CEO or CFO role at such a large liberal influencing company open.

This is a serious personal downgrade even with the money.

These people were clearly doing it to be leaders of the DNC first. Now they are nothing.
Posted by bayoudude
Member since Dec 2007
25839 posts
Posted on 10/27/22 at 9:11 pm to
quote:

I guess so. And I don’t think many in this thread realize they all have massive buyouts if fired. These execs are popping champagne right now


Only if they had some kind of protection in writing with the buyout if not then they are just another employee with a pink slip.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
76158 posts
Posted on 10/27/22 at 9:12 pm to


Their bonus for the sale will be more money than most will ever dream of.

Their exits were likely negotiated.
Posted by TigerOnTheMountain
Higher Elevation
Member since Oct 2014
41773 posts
Posted on 10/27/22 at 9:13 pm to
Their bonuses are irrelevant, but keep running with that
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
76158 posts
Posted on 10/27/22 at 9:14 pm to
They left a company that didn't want them and probably took a 50 million with them.

Well reported the CFO takes home at least 25MM if the deal closes.
This post was edited on 10/27/22 at 9:20 pm
Posted by Shamoan
Member since Feb 2019
13116 posts
Posted on 10/27/22 at 9:14 pm to
Learn to code motherfrickers
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 10/27/22 at 9:15 pm to
quote:

These people were clearly doing it to be leaders of the DNC first. Now they are nothing.



Yep. Huge power to nothing. Twitter probably has more control over the narrative than any other platform.


They were already making millions. They'd rather have the power than another 12 million in the bank with nothing coming behind it.
Posted by roadGator
Member since Feb 2009
154551 posts
Posted on 10/27/22 at 9:16 pm to
quote:

Is a raging bitch


Maograth?
Posted by Caraway Rye
Member since Oct 2021
5108 posts
Posted on 10/27/22 at 9:17 pm to
The bonus was already granted stock bonuses that vested early because the company was purchased

That's it
Posted by Kjnstkmn
Vermilion Parish
Member since Aug 2020
18815 posts
Posted on 10/27/22 at 9:17 pm to
Posted by VOLhalla
Knoxville
Member since Feb 2011
4978 posts
Posted on 10/27/22 at 9:19 pm to
quote:

Meta is quietly laying people off as ad revenue for them is declining. They have missed earnings in the past few quarters. They are in a free fall and won't be hiring anyone from Twitter anytime soon.


Meta has plenty of cash and is likely looking to change leadership soon. Who better than the team that just maximized the value of twitter?

quote:

You are a tech valuation expert too?


Musk bought twitter at over $54 a share which was way over its trading price at the time. Musk tried to back out andTwitter sued to enforce the sake because the terms were so favorable to them. All the twitter leadership fought to make sure this sale went through
Posted by roadGator
Member since Feb 2009
154551 posts
Posted on 10/27/22 at 9:20 pm to
Congrats. Huge win for you people.
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 10/27/22 at 9:21 pm to
Meta has lost over $700 billion in value in the past year.

Posted by Caraway Rye
Member since Oct 2021
5108 posts
Posted on 10/27/22 at 9:23 pm to
quote:

Meta has lost over $700 billion in value in the past year.



Good

Ship over all the twitter people and continue the decline
Posted by CaptSpaulding
Member since Feb 2012
6952 posts
Posted on 10/27/22 at 9:24 pm to




Same energy
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
68957 posts
Posted on 10/27/22 at 9:24 pm to
quote:

The bonus was already granted stock bonuses that vested early because the company was purchased

That's it


Elon didn't tip at least 15%?
Posted by Rouge
Floston Paradise
Member since Oct 2004
138151 posts
Posted on 10/27/22 at 9:25 pm to
Best thing he could do with Twitter is shut it down
Posted by deltaland
Member since Mar 2011
100301 posts
Posted on 10/27/22 at 9:26 pm to
quote:

That dude is treating owning a 40 billion dollar company like I do the grill at a barbecue. Respect.


That’s what you can do with frick you money
Posted by TigerAlumni2010
Baton Rouge
Member since Aug 2011
4753 posts
Posted on 10/27/22 at 9:35 pm to
Let the free speech commence.
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