The Saudi Prince owns a little more than 5% of Twitter. The platform is the single best and fastest conduit for news and information. It should come as no surprise to anyone that Twitter is a very valuable commodity, but not for the reasons you might think.
It isn’t a very good business and growth has been slowing for sometime now. So why the fuck would anyone want to buy this huge piece of money losing shit?
To control the narrative.
Buying Twitter ensures that you are able to control the political jargon, understand the direction the winds are blowing and believe me there are gale force winds emanating from the east now.
Last night in a BBG interview, co founder of Twitter, Evan Williams said the company would do whatever it thought it should to maximize shareholder value, nothing too crazy. Ordinary shit.
Early this morning, people are buying calls and spreading scandalous rumors that TWTR is gonna catch a buyout bid.
If so, it’d be a mercy kill–because current management has no idea how to create value.
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