I’ve never seen a good business case for valuing Twitter at anywhere near the $44B it took to acquire. SBF didn’t have nearly that much available, so he’d still be looking at Musk as the majority owner....and it was 100 percent foreseeable that Musk had his own ideological axes to grind. That SBF ran FTX lean seems weak evidence that he could cut 90 percent of Twitter staff without serious difficulties, and the train wreck caused by Musk’s cuts suggest that never was realistic.
Finally, the idea that SBF could somehow make Twitter significantly “more scout-mindset and truth-seeking oriented” has never been fleshed out AFAIK. Also, it would be a surprising and suspicious convergence that the way to run Twitter profitably would also have been the way to run it altruistically.
I’ve never seen a good business case for valuing Twitter at anywhere near the $44B it took to acquire. SBF didn’t have nearly that much available, so he’d still be looking at Musk as the majority owner....and it was 100 percent foreseeable that Musk had his own ideological axes to grind. That SBF ran FTX lean seems weak evidence that he could cut 90 percent of Twitter staff without serious difficulties, and the train wreck caused by Musk’s cuts suggest that never was realistic.
Finally, the idea that SBF could somehow make Twitter significantly “more scout-mindset and truth-seeking oriented” has never been fleshed out AFAIK. Also, it would be a surprising and suspicious convergence that the way to run Twitter profitably would also have been the way to run it altruistically.