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Monday, 04/25/2022 9:53:24 AM

Monday, April 25, 2022 9:53:24 AM

Post# of 16698
You can take away the name Twitter and Social Media and replace them with Algernon and Biotech.

What Happened: O’Leary called Twitter a “miserable investment” and said it is the worst-performing social media company in a recent interview with CoinDesk.

“It has done an abysmal job of creating value for shareholders, all the while multiple management teams rotating through issuing themselves options,” said O’Leary.

“I applaud Elon Musk to go in there, fire everybody, and reboot the company. That’s what’s needed.”

O’Leary also called Twitter’s decision to silence one voice and not another a bad strategy, adding that the company needs “adult supervision.”

“The biggest risk that company has right now, including the management there, and the board and all the shareholders is that Elon Musk goes away. Then it goes right back to where it started. There’s a special place in hell for companies like that.”



M$