| It makes financial sense Twitter was poorly managed. It would have been a $100B company in 2020-21 if it had shown any semblance of consistent profitability. The opportunity here is to: - Take the company private - Cut costs by pruning staff and reducing bloat - Get high-engagement accounts back, which, in turn, will bring back advertisers (perhaps sweeten the deal by promising something with your other ventures) - Eke out a few quarters of consistent profits - Go public again, this time with $500M/quarter of profits - Enjoy the standard "Musk-effect" 40x PE multiple and slow keep cashing out |