Pivot S&P hits a low, Jack Dorsey faces activist investors at Twitter and election technology — Kevin Roose joins to discuss
Mar 3, 2020
In this discussion, tech reporter Kevin Roose from The New York Times dives into the world of election technology, highlighting the vulnerabilities of electronic voting systems. He questions whether we should stick with traditional paper ballots ahead of Super Tuesday. The talk also touches on the challenges of engaging younger voters with mobile voting. Meanwhile, the hosts reflect on Jack Dorsey's pressures at Twitter from activist investors and what that means for the company's future amidst market fluctuations.
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Market Downturn Benefits Millennials
- Market downturns benefit young people by offering investment opportunities at lower prices.
- Baby Boomers control media and prioritize keeping markets high to protect their wealth.
Dorsey's Divided Attention
- Jack Dorsey's dual CEO roles at Twitter and Square raise concerns, especially given Twitter's underperformance relative to Facebook.
- Activist investors target Twitter due to its single stock class and Dorsey's divided attention.
Galloway's Prediction
- Scott Galloway wrote a letter criticizing Dorsey's plan to move to Africa, predicting activist investor involvement.
- Elliott Management's investment validates Galloway's concerns about Twitter's leadership.
