Over the past two months, Elon Musk has publicly criticized the Twitter product, its policies, and its leaders; However, employees say Musk has no idea how to run a social media company. With such omens, the two parties sat down today to negotiate.
According to the world’s richest man, for Twitter to reach one billion users, a subscription model should be used to verify users so they don’t have to reveal their identities, but the payment would be a definition in itself. Advertising will continue to play an important role in Twitter’s business model, but Musk remains concerned about fake profiles, he said before.
Twitter employees were more concerned about Musk’s opinion of remote work at the meeting. Musk believes that only “excellent workers” should be allowed to work remotely, and in his opinion, employees are chewing too much on the home office option. The billionaire will use a compensation structure similar to SpaceX, with stock and options benefits and liquidity windows every six months.
encouragement to release
Musk said he would consider all layoffs based on performance with a band. Revenue will be prioritized over costs and product development. He indicated that he does not necessarily insist on being the CEO if the deal goes through, because he is a believer in moderate politics. Otherwise, the man will not regulate those who hold extremist views as long as they remain within the legal framework.
It was not clear at the meeting whether or not Elon Musk would buy Twitter. However, some people close to Twitter see Musk’s decision to appear at such a meeting as a clear indication that he remains committed to the business, which has been questioned in recent weeks. They said Musk would not appear and speak to staff if he gave up on the idea, adding that for those looking for a sign that the business will indeed be established, Musk’s appearance on Thursday could be reassuring.
(Cover image: Elon Musk. Photo: Demetrius Kambouris/Getty Images for the Met/Vogue)
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