[spinlock]

What valuation? Per the article, it's being delisted and taken private. Which, may attract talent who wants to build something for the long term rather than being pinned to quarterly reports.

My money would be on software developers with certain personality quirks being drawn to Musk's leadership while those who have been building Twitter's compliance and moderation infrastructure would be repulsed. But, I don't think we'll really ever know because - as a private company - I expect Twitter to not disclose that information in the future.

[strangattractor]

Maybe - they better make sure to negotiate a killer employee contract given they won't be getting stock which is fungible. BTW - all software developers have certain personality quirks:)

[spinlock]

I have zero information on how X (i.e. Musk's holding company for Twitter) is structured but it's possible to issue stock in a private company. The difference is that you cannot sell that stock on the public markets and need to find a buyer through a secondary market. Your requirements for selling are also typically more restricted.

[strangattractor]

Restricted in like you cannot do it unless the company oks it.

[spinlock]

Hopefully not that but it could happen. Typically you’ll have a lock up or the company has a right of first refusal to repurchase the stock.