Motley Fool Money Twitter's New Owner
Apr 26, 2022
Bill Mann, a Senior Analyst at Motley Fool, shares insights on the implications of Elon Musk's acquisition of Twitter, including its struggles as a business and its effects on Tesla shareholders. He discusses the advertising challenges facing Twitter and the evolving landscape for ad-driven companies like Pinterest and Facebook. Meanwhile, Kara Chambers, Head of People Development, offers valuable strategies for negotiating raises in today’s job market, stressing the importance of self-advocacy and effective communication about compensation.
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Twitter's Modest Business
- Twitter's revenue is comparable to Olive Garden's, highlighting its modest financial performance.
- Despite its influence, Twitter struggles to define its business model, making it a less impressive investment.
Privatizing Twitter
- Taking Twitter private benefits it by removing the pressure of public market scrutiny.
- This allows for focusing on platform improvements and its role as a "public trust" rather than short-term financial gains.
Musk's Multitasking
- Tesla shareholders might be concerned about Elon Musk's divided attention with Twitter.
- However, Musk has a history of multitasking between companies like Tesla, SpaceX, and The Boring Company.
