4min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E76: Elon vs. Twitter

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Twitter

A poison pill is a defensive manoeuvre that a board of directors uses to prevent a hostile takeover. It allows the board to create enormous amounts of new shares and effectively dilute the potential hostile acquirer so that it becomes nomically unfeasible for them to get enough shares to get controled. The most breaking news when we're taping this on fridays at 11 a m, is that the board of directors has decided they would like to get personally suedi mean, this is the most insane thing. But here we are in this, i don't know if this is the seventh or eighth inning of this saga, but where do you think we are in thi saga? And

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