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539 points donohoe | 1 comments | | HN request time: 0s | source
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CyberMacGyver ◴[] No.44510796[source]
One time they let her speak publicly it turned out to be a disaster. She never had any say and worst part is she was not even a good fall guy, it was clear who’s pulling the strings. The most immaterial and inconsequential hire ever.

I love all the replies on Twitter thanking her but during her time the valuation dropped 80% and they were suing advertisers for not advertising. Remarkably inept.

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sorcerer-mar ◴[] No.44510983[source]
It's weird that you say both she had no material power and also seem to imply the valuation drop and lawsuits were due to her ineptitude?

Anyway she volunteered to be a puppet for a man who is clearly off the rails and her legacy will forever be stained.

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josefresco ◴[] No.44511093[source]
Both things can be true: Valuation did drop during her tenure, AND she was not to blame.

Therefore the praise is weird, because she seemingly neither helped nor hurt the business.

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mandmandam ◴[] No.44511682[source]
> she was not to blame.

Fall guys bear some of the blame in the fall.

My long-held [0] personal theory - borne out by everything Musk has done, and by who bought Twitter - is that it was bought to curb the possibility of large positive social movements along the lines of OWS or BLM.

Enabling that can entail being useless at your supposed job, while doing your actual job (which deserves some amount of blame, from a number of perspectives).

0 - https://news.ycombinator.com/item?id=36685384

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breppp ◴[] No.44513300{4}[source]
My conspiracy theory was that because of Musk's involvement in OpenAI he had foreknowledge of the impeding release of ChatGPT. In that context, Twitter as a source for AI training can be far more valuable than a rage filled social network. However he still failed horribly to time the market
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claytonjy ◴[] No.44516204{5}[source]
how would you explain how hard he fought to NOT buy twitter?

people seem to forget he was legally forced to buy Twitter after he tried for months to get out of his joke bid, primarily through claiming he was misled about the extent of bots on the platform

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1. breppp ◴[] No.44517661{6}[source]
The entire idea is to buy an undervalued platform using insider information, if the stock price plunges after he committed to a price then it's no longer undervalued. This has happened between his bid and termination announcements.

I also roughly remember he had his Tesla holdings as collateral creating some liquidity crisis for him.

This elaborate explanation does not mean it isn't wrong and the original theory of idiot-with-money does not hold