v21’s avatarv21’s Twitter Archive—№ 77,305

  1. I read the Elon Musk Twitter pitch, and the main question I have is... how does stock-based compensation work if the company is under private ownership?
    1. …in reply to @v21
      I guess this is the answer "he’s been telling bankers he actually plans to take Twitter public again in as little as three years" (protocol.com/newsletters/sourcecode/elon-musk-twitter-ceo-ipo?rebelltitem=2#rebelltitem2) @edjeff/1523210262534365184
      1. …in reply to @v21
        seems weird to take a company private for like 3 years and then float it again (but this time so loaded down with debt it's making no money). I am not sure, if I was a Twitter employee, that this form of compensation would be that motivating! but what do I know.