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Started By
Message
re: Sans Jack Dorsey the Twitter BoD owns 77 shares of Twitter stock.
Posted on 4/16/22 at 11:00 pm to joshnorris14
Posted on 4/16/22 at 11:00 pm to joshnorris14
quote:
Your math is off. That would be the equivalent of owning 0.1% of Twitter. More accurately, it would be 7,730 shares. 1/1000 of 1%. Or just over $400,000 of Twitter stock
Uhm, just curious, what is 1% of 773,000,000 by your math?
3
Posted on 4/16/22 at 11:00 pm to joeyjoejoeshabadoo
quote:
What loser puts their MBA behind their name
That just registered. Nice catch. 
Posted on 4/16/22 at 11:03 pm to Bearcat90
Where did 1% come from?
Posted on 4/16/22 at 11:06 pm to Bearcat90
quote:It's actually
Uhm, just curious, what is 1% of 773,000,000 by your math?
763,580,000 shares.
76,358,000 = 10%
7,635,800 = 1%
763,580 = 0.1%
76,358 = 0.01%
7,636 = 0.001%
Any questions?
*damned common core math fricked up everyone. Old math = the best math
This post was edited on 4/16/22 at 11:38 pm
Posted on 4/16/22 at 11:09 pm to Bearcat90
quote:
Uhm, just curious, what is 1% of 773,000,000 by your math?
I don't know what you are talking about, but the math I provided is accurate
Posted on 4/16/22 at 11:26 pm to joshnorris14
quote:
I don't know what you are talking about, but the math I provided is accurate
My bad, went back and looked at the OP post.
See now it's .001% which is then .00001 as a fraction.
Makes all of you math wizards correct and I was wrong.
Oof.
This post was edited on 4/16/22 at 11:30 pm
Posted on 4/16/22 at 11:31 pm to Bearcat90
quote:
The number 1 represent 100% when you use fractions for percentage representation.
So .1 = 10%
.01 = 1%
And so on.
The BOARD, without Jack's shares, would own about .001 of the 773 million shares, or 773,000 shares.
Hey man, it's late. It's ok to be wrong. We all can see the error you made and it's an understandable one, no big deal.
Posted on 4/16/22 at 11:38 pm to joshnorris14
quote:
Hey man, it's late. It's ok to be wrong. We all can see the error you made and it's an understandable one, no big deal.
I was totally in the wrong.
Went back and looked at the OP I saw so many thumbs down on it lol.
Also saw the post on the "MBA" and never noticed that either in the graphic posted.....
I'm wearing my Math Dunce Cap tonight in the corner.
Posted on 4/16/22 at 11:59 pm to Bearcat90
Now that that is out of the way, the board members, without Dorsey, represent 0.117% of TWTR stock (outstanding). With Jack, that is 2.37% of the stock.
The question is: are the board members perfectly fine with stock staying flat because they earn millions each on the board, and all of their stock is their nest eggs with unrealized profits that will be taxed as regular income (since it is part of their compensation package)?
They are thinking about their own butts. The CFO at Twitter made about $17 million last year. The CEO made $30 million.
It's a cash cow for them and investors are getting nothing.
This post was edited on 4/17/22 at 12:01 am
Posted on 4/17/22 at 12:04 am to HubbaBubba
How did these people get on the board?
Don't the shareholders elect them?
Well then, why were they elected?
Don't they have to be "nominated"
Well then, who nominated them?
Don't the shareholders elect them?
Well then, why were they elected?
Don't they have to be "nominated"
Well then, who nominated them?
Posted on 4/17/22 at 12:06 am to GumboPot
Based Elon! 
Posted on 4/17/22 at 12:08 am to HubbaBubba
quote:
The question is: are the board members perfectly fine with stock staying flat because they earn millions each on the board, and all of their stock is their nest eggs with unrealized profits that will be taxed as regular income (since it is part of their compensation package)?
It's weird because even though their stock has been flat as the OP said since IPO, in the past year TWTR has moved into the top 15 of most owned stock by hedge funds (over 120 hedge funds now own shares). Which of course means they expect the stock to rise soon.
Musk is no dumbass. He may be expecting the same thing and wants to both transform Twitter and make a ton of cash along the way too.
Posted on 4/17/22 at 6:46 am to Bearcat90
Allowing people the ability say whatever they want will hurt my Fei-Feis!!!! 
Posted on 4/17/22 at 7:38 am to PsychTiger
quote:
Wonder if Fei-Fei is related to Fang-Fang.
PsychTiger,
You know Fang-Fang is dead?
She was on the 737 that lawn darted into the mountains in China. Just an interesting FYI
Posted on 4/17/22 at 8:14 am to HubbaBubba
quote:
The question is: are the board members perfectly fine with stock staying flat because they earn millions each on the board, and all of their stock is their nest eggs with unrealized profits that will be taxed as regular income (since it is part of their compensation package)? They are thinking about their own butts. The CFO at Twitter made about $17 million last year. The CEO made $30 million. It's a cash cow for them and investors are getting nothing.
Did you really just type all this after arguing multiple times in the other thread the stock has not been flat?
Posted on 4/17/22 at 10:52 am to Wally Sparks
quote:
Never realized how similar he and Mike Gundy looked
Posted on 4/17/22 at 11:16 am to Bard
quote:
One board member owns "0.000%". How can someone, as a board member, have a legitimate duty to a company they don't even own stock in
Other Government Agency Liaison
Posted on 4/17/22 at 1:49 pm to GumboPot
Are people unhappy with their financial returns or are they unhappy that Twitter doesn't apply their version of free speech?
This post was edited on 4/17/22 at 1:55 pm
Posted on 4/17/22 at 2:29 pm to jp4lsu
quote:I don't think that was her, that Fang Fang was an executive for a Chinese TV company.
You know Fang-Fang is dead?
She was on the 737
Posted on 4/17/22 at 3:06 pm to GumboPot
Fact is almost all of the board each own $1MM or more in Twitter stock. Only 3 don’t, and 2/3 own at least $300k
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